Consider the following scenario analysis:

		Rate of Return
Scenario	Probability	Stocks		Bonds
Recession	.20	6	%	17	%
Normal economy	.60	19		9
Boom	.20	30		5

b.	Calculate the expected rate of return and standard deviation for each investment. (Do not round intermediate calculations. Enter your answers as a percent rounded to 1 decimal place.)

	Expected Rate of Return	Standard Deviation
Stocks	%	%
Bonds	%	%