Question: Problem 10-18 Expected Return Risk (LG10-1) Following are three economic states, their likelihoods, and the potential returns: Economic State Probabi lity Return Fast growth Slow

 Problem 10-18 Expected Return Risk (LG10-1) Following are three economic states,

Problem 10-18 Expected Return Risk (LG10-1) Following are three economic states, their likelihoods, and the potential returns: Economic State Probabi lity Return Fast growth Slow growth Recession 0.28 0.38 0.34 26% 14 -36 Determine the standard deviation of the expected return. (Do not round intermediate calculations and round your answer to 2 decimal places.) Standard deviation

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