Consider the following scenario analysis:

		Rate of Return
Scenario	Probability	Stocks		Bonds
Recession	0.20	4	%	16	%
Normal economy	0.50	18		9
Boom	0.30	29		6

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		%		%