Price The prices and dividends on shares of Rowan Corporation and Martin Corporation are predicted under the following various economic condition: State of Probability of Rowan Corp. Martin Corp. Dividend Economy State Price Price Recession 20% $8 $0 $38 $0 Stagnant 30% $10 $0 $48 $2 Moderate 40% $12 $0 $63 $2 Boom 10% $15 $1 $82 $3 The current price of Rowan Corp is $10 The current price of Martin Corp is $50 a. Compute the returns for each stock in each state. b. What are the expected returns of each stock? 3 c. What are the variances of each stock? d. What are the standard deviations of each stock? Price The prices and dividends on shares of Rowan Corporation and Martin Corporation are predicted under the following various economic condition: State of Probability of Rowan Corp. Martin Corp. Dividend Economy State Price Price Recession 20% $8 $0 $38 $0 Stagnant 30% $10 $0 $48 $2 Moderate 40% $12 $0 $63 $2 Boom 10% $15 $1 $82 $3 The current price of Rowan Corp is $10 The current price of Martin Corp is $50 a. Compute the returns for each stock in each state. b. What are the expected returns of each stock? 3 c. What are the variances of each stock? d. What are the standard deviations of each stock