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Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession 0.2 -0.04

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Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession 0.2 -0.04 Normal 0.5 0.07 Expansion 0.3 0.12 | Attempt 1/10 for 10 pts. Part 1 What is the expected return for the stock? 4+ decimals Submit Part 2 Attempt 1/10 for 10 pts. What is the standard deviation of returns for the stock? 4+ decimals Submit

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