consider the following information: Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Recession 0.15 0.11 0.18 Normal 0.55 0.20 0.19 Boom 0.30 0.23 0.23 Calculate the expected return for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Expected return Stock A % Stock B % Calculate the standard deviation for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Standard deviation Stock A % Stock B %

Problem 13-7 Calculating Returns and Standard Deviations (LO1) Consider the following information: Calculate the expected return for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Calculate the standard deviation for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.)