Expected return and standard deviation. Use the following information to answer the questions. ...

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Finance

Expected return and standard deviation.

Use the following information to answer the questions.

State of

Economy

Probability

of State

Return on

Asset D in

State

Return on

Asset E in

State

Return on

Asset F in

State

Boom

0.34

0.07

0.29

0.17

Normal

0.54

0.07

0.19

0.13

Recession

0.12

0.07

0.24

0.05

a.What is the expected return of each asset?

b.What is the variance of each asset?

c.What is the standard deviation of each asset?

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