1) Calculate the expected return for each stock. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

2) Calculate the standard deviation for each stock. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Rate of Return If State Occurs Probability of State of Economy 20 50 30 State of Stock A Stock B Economy Recession Normal Boom 08 .15 .14 .31 .16