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Problem 1 3 - 7 Calculating Returns and Standard Deviations [ LO 1 ] Consider the following information: table [ [ , , Rate

Problem 13-7 Calculating Returns and Standard Deviations [LO1]
Consider the following information:
\table[[,,Rate of Return if State Occurs],[State of Economy,Probability of State,,],[of Economy,Stock A,Stock B,],[Recession,.19,.10,-.14],[Normal,.60,.13,.15],[Boom,.21,.18,.32]]
a. Calculate the expected return for Stocks A and B.(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)
b. Calculate the standard deviation for Stocks A and B.(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)
\table[[a. Stock A expected return,,%
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