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	0.03	-0.22
Normal	0.70	0.08	0.13
Boom	0.20	0.12	0.34

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 8.30% 7.19% 9.96% 9.37% 7.38%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 13.70% 8.33% 15.39% 13.02% 14.25%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 2.37% 1.67% 2.49% 2.25% 2.46%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 14.50% 10.25% 16.22% 13.77% 15.08%