consider the following information state of economy recession probability of state of economy .18 rate of return if state occurs stock a .09

Problem 13-7 Calculating Returns and Standard Deviations [LO1] Consider the following information Rate of Return If State Occurs State of Probability of State of Economy 18 Economy Stock A Stock B Recession 09 -13 Normal Boom 59 12 17 16 23 33 a. Calculate the expected return for Stocks A and B. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.. 32.16.) b. Calculate the standard deviation for Stocks A and B. (Do not round intermediate calculations and enter your answers os o percent rounded to 2 decimal places, e.g.. 32.16.) Stock A expected return 6 of 11