Determine the standard deviation of the expected


Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.17 21 % Slow growth 0.50 10 Recession 0.33 –21 Determine the standard deviation of the expected return. (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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