Question: Connect Only Problem 10-9 Expected Return Risk (LG10-1) Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow

Connect Only Problem 10-9 Expected Return Risk (LG10-1) Following are three economic

Connect Only Problem 10-9 Expected Return Risk (LG10-1) Following are three economic states, their likelihoods, and the potential returns: Economic State Fast growth Slow growth Probability 0.17 0.50 0.33 Return 21% 10 -21 Recession Determine the standard deviation of the expected return. Note: Do not round intermediate calculations and round your answer to 2 decimal places. Standard deviation %

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