Consider the following information:

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	0.10	0.04	-0.20
Normal	0.50	0.08	0.14
Boom	0.40	0.12	0.35

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select)7.95%9.20%9.66%8.02%9.57%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select)19.95%9.67%18.05%19.76%19.00%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select)2.66%1.81%2.56%2.69%2.43%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select)15.52%17.16%16.99%11.55%16.34%