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Consider the following information: State of Economy Recession Normal Boom Probability of State of Economy 0.15 0.55 0.30 Rate of Return if State Occurs Stock

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Consider the following information: State of Economy Recession Normal Boom Probability of State of Economy 0.15 0.55 0.30 Rate of Return if State Occurs Stock A Stock B 0.10 0.17 0.19 0.18 0.22 0.22 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

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