Expected Returns: Discrete Distribution

The market and Stock J have the following probability distributions:

Probability	rM	rJ
	0.3	13	%	20	%
	0.4	10		7
	0.3	20		13

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. Do not round intermediate calculations. Round your answer to two decimal places.

%

Calculate the standard deviation for Stock J. Do not round intermediate calculations. Round your answer to two decimal places.

%