Expected return and standard deviation.

Use the following information to answer the questions:

a.What is the expected return of each asset?

b.What is the variance of each asset?

c.What is the standard deviation of each asset?

Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places.

Return on Asset A in State State of Economy Boom Normal Recession Probability of State 0.31 Return on Asset B in State 0.24 Return on Asset C in State 0.25 0.17 -0.21 0.52 0.02 0.02 0.02 0.08 0.17 -0.02