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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast...

Following are four economic states, their likelihoods, and the potential returns:

Economic State Probability Return
Fast growth 0.36 60 %
Slow growth 0.40 16
Recession 0.14 −12
Depression 0.10 −36

Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)

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jeff jeffy answered 1 year ago
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