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You have been given the following information: State of Probability of Rate of Return Economy State of Economy if State Occurs Depression .15 -.110 Recession

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You have been given the following information: State of Probability of Rate of Return Economy State of Economy if State Occurs Depression .15 -.110 Recession .20 054 Normal 49 .125 Boom .16 206 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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