Question: Using the probability distribution shown below, calculate the expected return and standard deviation for shares in Golden Holdings, a company listed on the JSE: State

Using the probability distribution shown below, calculate the expected return and standard deviation for shares in Golden Holdings, a company listed on the JSE: State of the economy Probability of economic state Return in economic state Recession 45% -10% Steady 35% 12% Boom 20% 20% The expected return = % The Standard deviation = %

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