on the following icon in order to copy its contents into a spreadsheet.) State of Economy Boom Normal Recession Probability ol State 0.31 0.48 0.21 Return on Asset Ain State 0.02 0.02 0.02 Return on Asset B in State 0.23 0.07 -0.03 Return on Asset C in State 0.33 0.15 -0.21 Print Done 99+ Expected return and standard deviation Use the following information to answer the questions a. What is the expected return of each asset? b. What is the variance of each asset? c. What is the standard deviation of each asset? Hint. Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions answer box, only apply for the answers you will type. a. What is the expected return of asset A? 0.0200 (Round to four decimal places.) What is the expected return of asset B? Sno SP 9.60 Round to four decimal places) Enter your answer in the answer box and then click Check Answer 7 Parts Clear All remaining