Question: 1. Based on the following information, calculate the expected return and standard deviation: State of Probability of State of Economy Rate of Return if State

 1. Based on the following information, calculate the expected return and

1. Based on the following information, calculate the expected return and standard deviation: State of Probability of State of Economy Rate of Return if State Occurs Economy Depression 15 -105 059 Recession 30 45 Normal 130 Boom 10 21 1

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