Assume that the economy can experience high growth, normal growth, or recession. Under these conditions, you expect the following stock market returns for the coming year: a. Compute the expected value of a $1,000 investment over the coming year, If you invest $1,000 today, how much money do you expect to have next year? What is the percentage expected rate of return? Instructions: Enter doliar values rounded to the nearest whole dollar and percentages rounded to one decimal place. The expected value is $ and the expected rate of return is \% b. Compute the standard deviation of the percentage return over the coming year. Standard deviation = stock market returns for the coming year: a. Compute the expected value of a $1,000 investment over the coming year, If you invest $1,000 today, how much money do you expect to have next year? What is the percentage expected rate of retum? Instructions: Enter dollar values rounded to the nearest whole dollar and percentages rounded to one decimat place The expected value is $ and the expected rate of return is % b. Compute the standard deviation of the percentage return over the coming yeat Standard deviation = % c. If the risk-free retum is 7 percent, what is the risk premium for a stock market investment? Risk premium = %