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Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.26 36 % Slow growth 0.29 12 Recession 0.45 –20 Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Standard deviation % Hints Referencese Book & Resources

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Category:- Financial Management
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