### Compute the expected return and standard deviation

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Following are four economic states, their likelihoods, and the potential returns: Economic State Probability Return Fast growth 0.26 73 % Slow growth 0.41 18 Recession 0.23 –15 Depression 0.10 –48 Compute the expected return and standard deviation. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Expected return % Standard deviation %

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