Consider the following information:

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	0.20	0.05	-0.17
Normal	0.50	0.07	0.15
Boom	0.30	0.14	0.33

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 9.05% 8.70% 8.62% 8.69% 9.14%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 14.70% 10.33% 13.30% 14.00% 14.56%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 3.73% 3.69% 3.37% 2.51% 3.55%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 12.27% 18.22% 18.04% 17.35% 16.48%