Problem 13-7 Calculating Returns and Standard Deviations (LO1) Consider the following information: Rate of Return if State Occurs Probability of State of State of Economy Stock A Stock B Economy Recession Normal Boom 0.15 0.08 0.55 0.17 -0.15 0.16 0.30 0.20 0.20 Calculate the expected return for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Expected return Stock A Stock B %6 % Calculate the standard deviation for each stock. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Stock A Stock B Standard deviation % %