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You have been given the following information: State of Rate of Return Probability of Economy State of Economy if State Occurs Depression .05 -.095 Recession

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You have been given the following information: State of Rate of Return Probability of Economy State of Economy if State Occurs Depression .05 -.095 Recession .15 .069 .40 .140 Normal Boom .40 .221 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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