Expected Return: Discrete Distribution

The market and Stock J have the following probability distributions:

Probability	rM	rJ
0.3	16%	18%
0.4	9	4
0.3	18	12

Calculate the expected rate of return for the market. Round your answer to two decimal places. ________ % Calculate the expected rate of return for Stock J. Round your answer to two decimal places. ________ %

Calculate the standard deviation for the market. Round your answer to two decimal places. ________ % Calculate the standard deviation for Stock J. Round your answer to two decimal places. ________ %