Following are three economic states their likelihoods and, Ask an Expert

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

Economic State Probability Return

Fast growth 0.24 23 %

Slow growth 0.51 7

Recession 0.25 –26

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

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92067801

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