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You have estimated the following probability distributions of expected future returns for Stocks X and Y:

Stock X				Stock Y
Probability		Return		Probability		Return
0.1		-10	%	0.2		2	%
0.3		9		0.3		7
0.4		17		0.3		13
0.1		30		0.1		18
0.1		35		0.1		19

1. What is the expected rate of return for Stock X? Stock Y? Round your answers to one decimal place. Stock X: %

   Stock Y: %

2. What is the standard deviation of expected returns for Stock X? For Stock Y? Round your answers to two decimal places. Stock X: %

   Stock Y: %

3. Which stock would you consider to be riskier? -Select-Stock XStock YItem 5 is riskier because it has a -Select-higherlowerItem 6 standard deviation of returns.