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Expected Returns: Discrete Distribution The market and Stock J have the following probability distributions: Probability rj 0.3 16% 20% 0.4 0.3 9 5 18

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Expected Returns: Discrete Distribution The market and Stock J have the following probability distributions: Probability rj 0.3 16% 20% 0.4 0.3 9 5 18 13 a. 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. % b. 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. %

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