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1 You have been given the following information: table [ [ table [ [ State of ] , [ Economy ] ] ,

1
You have been given the following information:
\table[[\table[[State of],[Economy]],\table[[Probability of],[State of],[Economy]],Rate of Return if State Occurs],[Stock A,Stock B],[Recession,.15,.06,-.10],[Normal,56,.09,.19],[Boom,.29,.14,.36]]
a. Calculate the expected return for the two stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)
b. Calculate the standard deviation for the two stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)
Answer is complete but not entirely correct.
\table[[a. Stock A expected return,7.50,%
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