Question $1$

a Strong $plcis$ considering investing $in$ a new project codenamed $Ideal.$ The project offers the following returns under varying macroeconomic scenarios:

Scenario Probability Project $Ideal$

Contraction $25\%-5\%$

$No$ growth $35\%6\%$

Expansion $40\%15\%$

Calculate the expected return and the standard deviation $of$ the project $Ideal.$