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following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.27 34 % Slow...
following are three economic states, their likelihoods, and the potential returns:
Economic State Probability Return Fast growth 0.27 34 % Slow growth 0.35 7 Recession 0.38 -29
Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.)