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 and the standard deviation of each asset? c. What is the expected return of a portfolio with 8% in asset J, 45% in asset K, and 47% in asset L? d. What is the portfolio's variance and standard deviation using the same asset weights from part (ey? Hint Make sure to round an intermediate calculations to at least seven (7) decimal places. The put instructions, phrases in parenthesis of each answer box, only doely for a wwers you wity a. What is the expected return of asset J? Round to four decimal places) 1 X Data Table (Click on the following icon in order to copy its contents into a spreadsheet) Return on Return State of Probability Asset in Asset in Economy of State State State Boom 0.29 0.055 0.220 Growth 0.39 0.055 0.110 Stagnant 0.24 0.055 0.050 Recession 0.08 0.055 -0.060 Return on Asset Lain State 0.260 0.200 0.050 -0.200 Print Done