A stock's return has the following distribution:

Demand for the

Company's Products Probability of This

Demand Occurring Rate of Return if This

Demand Occurs $(\%)$

Weak $0\mathrm{.}1-30\%$

Below average $0\mathrm{.}2-9$

Average $0\mathrm{.}410$

Above average $0\mathrm{.}230$

Strong $0\mathrm{.}155$

$1\mathrm{.}0$

Calculate the stock's expected return and standard deviation. Do not round intermediate calculations. Round your answers to two decimal places.

Expected return:

$\%$Problem $2-06($Expected Returns: Discrete Distribution$)$

Expected Returns: Discrete Distribution

The market and Stock J have the following probability distributions:

a$.$ Calculate the expected rates of return for the market and Stock J$.$ Round your answers to one decimal place.

Expected rate of return $($Market$)$:

Expected rate of return $($Stock J$)$:

$\%$

b$.$ Calculate the standard deviations for the market and Stock J$.$ Do not round intermediate calculations. Round your answers to two decimal places.

Standard deviation $($Market$)$: