Following are four economic states their likelihoods and


Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.13 53 % Slow growth 0.64 14 Recession 0.18 –27 Depression 0.05 –60 Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.) Expected return % Standard deviation

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Financial Management: Following are four economic states their likelihoods and
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