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Calculate willys expected return and standard deviation

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Problem 1: Business is booming at Willys pot farm we expect that his annual return will be either 25% in a slow economy 40% in a normal economy and 15% in a strong economy the probabilities of each state of the economy are 25% 40% and 35% respectively. calculate Willys expected return and standard deviation.

Reference no: EM132797291

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