What is the expected return rate what is the standard, Financial Management

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What is the expected return rate what is the standard

An analyst estimates that the Bank of America (BOA) stock will have the following return rates depending on the state of the economy.

State of the Economy Probability Return Rate

Good 0.3 14%

Normal 0.5 10%

Bad 0.2 2%

1. What is the expected return rate?

2. What is the standard deviation of return rates?

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Financial Management: What is the expected return rate what is the standard

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