Determine the standard deviation of the expected, Financial Management

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Determine the standard deviation of the expected

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

Economic State Probability Return

Fast growth 0.26 36 %

Slow growth 0.29 12

Recession 0.45 –20

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

Standard deviation

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Financial Management: Determine the standard deviation of the expected

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