Question: Based on the following table, calculate the expected return and the standard deviation State of the Economy Probability of Occurring Rate of Return Depression 20%

Based on the following table, calculate the expected return and the standard deviation

State of the Economy

Probability of Occurring

Rate of Return

Depression

20%

-12%

Recession

25%

-4%

Normal

45%

20%

Boom

10%

50%

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