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A financial analyst following Singh, Inc. has created the following probability distribution to describe Singh's expected return over the next year. Singh's fortunes rely on

A financial analyst following Singh, Inc. has created the following probability distribution to describe Singh's expected return over the next year. Singh's fortunes rely on the success of a new product. The probability distribution shown reflects the analyst's expectation of the stock's return depending on how well the new product sells.

Condition

Probability

Return

Bad 0.30 -40%
Average 0.50 10%
Great 0.20 45%

What is the expected return on the stock?

10.50%

2.00%

7.50%

5.50%

15.50%

What is the expected standard deviation of stock returns? (Hint: Please do not round any intermediate calculations. Round your final answer to 2 decimals)

24.23%

40.07%

33.12%

29.44%

30.51%

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