Following are three economic states their likelihoods and, Financial Management

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Following are three economic states their likelihoods and

Following are three economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.17 21 % Slow growth 0.50 10 Recession 0.33 –21 Determine the standard deviation of the expected return. (Round your answer to 2 decimal places.) Standard deviation %

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