Following are four economic states, their likelihoods, and the potential returns:

Economic State Probability Return

Fast growth 0.36 53 %

Slow growth 0.42 12

Recession 0.11 13

Depression 0.11 45

Compute the expected return and standard deviation. (Do not round intermediate calculations and round your answers to 2 decimal places.)

Expected return _______________ %

Standard deviation _________________%