Problem 8-07 You are considering two stocks and have determined the following information: Stock A Return 23% Probability of the Return 55% 12 30 8 15 Stock B Return 32% 18 Probability of the Return 10% 45 8 45 a. Which of the two stocks has the higher expected return? Round your answers to two decimal places. The return on Stock A: The return on Stock B: % % -Select- has the higher expected return. b. Which stock is riskier? Do not round intermediate calculations. Round your answers to two decimal places. Standard deviation of Stock A: Standard deviation of Stock B: -Select- is riskier. c. Given your answers to the two previous questions, what stock is preferred? -Select- is preferred.