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In the following table, returns to two assets ( A and B ) are given for different states of nature with the stated probabilities of

In the following table, returns to two assets (A and B) are given for different states of nature with the stated probabilities of occurring. Calculate the expected (mean) return, standard deviation of returns for each asset. Which asset would be considered more risky?
State of Nature Probability Return A Return B
(1)0.2023%9%
(2)0.3511%6%
(3)0.407%-3%
(4)0.0519%-6%

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