Consider the following information:

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	.35	.04	.11
Normal	.55	.15	.19
Boom	.10	.17	.39

a. Calculate the expected return for the two stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Expected return for A		%
Expected return for B		%