Intro

You've estimated the following expected returns for a stock, depending on the strength of the economy:

State (s)	Probability	Expected return
Recession	0.1	-0.15
Normal	0.5	0.06
Expansion	0.4	0.26

Attempt 1/1 for 10 pts.

Part 1

What is the expected return for the stock?

Move on

Attempt 1/1 for 10 pts.

Part 2

What is the standard deviation of returns for the stock?

3+ Decimals