B10. Suppose you believe there are three possible future states of the world. In those states you believe stocks A and B will deliver the following returns: Bull Market Normal Bear Market Standard Deviation Probability .2 .7 .1 Stock A Return 50% 18% -20% 18.5% Stock B Return 10% 20% -15% 10.6% B10a. What is the expected return for each of these stocks? (show your work) [2 marks] B10b. What is the correlation between these two stocks? (show your work) [7 marks]