Probability Asset A Rate Rate of of State of of Return Return State of com Economy Boom Norma 0.5 Recession 0.1 0.13 0.06 0.05 0.08 0.05 -0.01 0.4 What is the expected return for asset A? What is the expected return for asset B? What is the standard deviation for asset A? What is the standard deviation for asset B? what is the expected return of a portfolio that has 60% in Asset A and 40% in Asset B? The standard deviation of the 60% A and 40% B portfolio most likely should A) Equal 60% X A's standard deviation plus 40% x B's standard deviation. B) Be greater than 60% X A's standard deviation plus 40% x B's standard deviation. C) Be less than 60% XA's standard deviation plus 40% x B's standard deviation