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Consider the following information: Rate of Return if State Occurs State of Economy Stock A Stock B Probability of State of Economy 0.15 0.55 0.30

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Consider the following information: Rate of Return if State Occurs State of Economy Stock A Stock B Probability of State of Economy 0.15 0.55 0.30 Recession Normal Boom 0.13 0.18 0.20 0.26 0.21 0.24 Calculate the expected return for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Stock A Stock B Expected return % % 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 %

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