6. Award: 10.00 points Problem 13-7 Calculating Returns and Standard Deviations [LO1] Consider the following information: Rate of Return If State Occurs State of Stock A Stock B Economy Recession Normal Boom Probability of State of Economy .16 .62 .22 .05 .08 13 - .16 .13 .30 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.) Stock A Stock B Expected return % % 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.) Stock A Stock B Standard deviation % % References