Question 35

Using the following information, calculate the expected return and the standard deviation of Sweet. (Round intermediate calculations to 4 decimal places, e.g. 15.2564 and the final answers to 2 decimal places, e.g. 15.25%.)

State of the economy		Probability		Sweet stock return (%)
Depression		0.20		-5.4
Recession		0.25		1.0
Normal		0.35		6.4
Boom		0.20		18.4

Expected Return?

Standard Deviation?