Consider the following scenario analysis: Scenario Recession Normal economy Boom -4% Rate of Return Stocks Bonds 16% 18% 9% 29% 6% Probability 0.20 0.50 0.30 a. Is it reasonable to assume that Treasury bonds will provide higher returns in recessions than in booms? Yes 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 % %