Determine the standard deviation of the expected


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

Economic State Probability Return   

Fast growth 0.21 32 %   

Slow growth 0.46 11   

Recession 0.33 –32

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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