Problem 6-6 Expected Return: Discrete Distribution

The market and Stock J have the following probability distributions:

Probability	rM	rJ
0.3	13%	22%
0.4	8	3
0.3	17	10

1. Calculate the expected rate of return for the market. Round your answer to two decimal places. % Calculate the expected rate of return for Stock J. Round your answer to two decimal places. %
2. Calculate the standard deviation for the market. Round your answer to two decimal places. % Calculate the standard deviation for Stock J. Round your answer to two decimal places. %