Based on the following information: State of Economy Probability of State of Economy Rate of...
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Based on the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Depression 0.05 0.095 Recession 0.15 0.069 Normal 0.40 0.140 Boom 0.40 0.221 Calculate the expected return. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Expected return % Calculate the standard deviation. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Standard deviation %
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