Question: Based on the following information, calculate the expected return and standard deviation: State of the Economy Probability Rate of Return Depression .15 -.107 Recession .20

Based on the following information, calculate the expected return and standard deviation:

State of the Economy Probability Rate of Return
Depression .15 -.107
Recession .20 .069
Normal .40 .135
Boom .25 .215

Fill in the values in the spreadsheet.

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