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You have been given the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression .11 .104 Recession
You have been given the following information: |
State of Economy | Probability of State of Economy | Rate of Return if State Occurs |
Depression | .11 | .104 |
Recession | .24 | .060 |
Normal | .46 | .131 |
Boom | .19 | .212 |
Calculate the expected return and standard deviation. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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