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You have been given the following information: State of Economy Depression Recession Normal Boom Probability of Rate of Return State of Economy if State Occurs

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You have been given the following information: State of Economy Depression Recession Normal Boom Probability of Rate of Return State of Economy if State Occurs .09 -.111 .19 .053 .50 .124 .22 .205 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.) Expected return % % Standard deviation %

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