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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 0.40 10%
Great 0.30 45%

What is the expected return on the stock?

5.50%

2.00%

21.00%

19.00%

22.50%

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

25.67%

33.12%

26.57%

30.51%

33.38%

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