Question: chapter 10 question 9 Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.22 66 % Slow

chapter 10 question 9

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

Economic State Probability Return
Fast growth 0.22 66 %
Slow growth 0.55 26
Recession 0.18 19
Depression 0.05 53

Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)

Expected return %
Standard deviation %

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