a. What is the expected return of each asset? b. What is the variance and the standard deviation of each asset? c. What is the expected return of a portfolio with 11% in asset J, 52% in asset K, and 37% in asset L? d. What is the portfolio's variance and standard deviation using the same asset weights from part (c)? Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after each answer box, only apply for the answers you will type. - a. What is the expected return of asset J? Data table (Round to four decimal places.) (Click on the following icon 2 in order to copy its contents into a spreadsheet.) State of Economy Boom Growth Stagnant Recession Probability of State 0.28 0.37 0.24 0.11 Return on Asset J in State 0.050 0.050 0.050 0.050 Return on Asset Kin State 0.200 0.100 0.020 -0.080 Return on Asset Lin State 0.290 0.220 0.065 -0.220 Print Done