Compute the expected return and standard deviation do not


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

Economic State Probability Return  Fast growth 0.34 59 %  Slow growth 0.56 19   Recession 0.05 -8   Depression 0.05 -40   

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

Expected return %  

Standard deviation %

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Finance Basics: Compute the expected return and standard deviation do not
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