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	0.04	-0.18
Normal	0.70	0.08	0.15
Boom	0.10	0.15	0.33

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 8.30% 8.22% 8.95% 9.02% 7.90%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 10.71% 9.69% 10.20% 10.00% 10.61%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 2.70% 2.99% 2.01% 2.96% 2.84%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 10.66% 15.67% 15.83% 15.07% 14.32%