8.33 points

Consider the following information:

State of Economy	Probability of State of Economy	Rate of Return If State Occurs
		Stock A	Stock B
Recession	.15	.06	?.20
Normal	.65	.07	.13
Boom	.20	.11	.33

Required:

Calculate the expected return and standard deviation for the two stocks. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

	Stock A	Stock B
Expected return	%	%
Standard deviation	%	%