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	0.07	0.12
Boom	0.40	0.15	0.31

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select)9.90%8.19%11.64%10.37%9.05%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select)16.40%7.67%18.22%15.58%17.06%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select)4.25%3.01%4.47%4.04%4.42%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select)15.08%10.66%16.84%14.33%15.68%