1)Calculate the expected return on stock of Gamma Inc.:

State of the economy

Probability of the states

Percentage returns

Economic recession

11%

-9.3%

Steady economic growth

48%

2.6%

Boom

Please calculate it

13.2%

Round the answers to two decimal places in percentage form

2)Calculate the expected standard deviation on stock:

State of the economy

Probability of the states

Percentage returns

Economic recession

21%

2%

Steady economic growth

23%

6%

Boom

Please calculate it

12%

Round the answers to two decimal places in percentage form