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	0.02	-0.19
Normal	0.70	0.08	0.15
Boom	0.20	0.11	0.36

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 8.00% 6.52% 9.65% 8.70% 7.07%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 15.80% 10.67% 17.59% 15.01% 16.43%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 2.32% 1.64% 2.44% 2.21% 2.42%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 14.25% 10.08% 15.97% 13.54% 14.82%