Required:

a) Calculate the expected return if you buy this share.

b) Calculate the variance and standard deviation.

Probabilities and possible returns of share X have been projected as below based on different statutes of an economy. Outcome Probability Return - 13% Recession Expansion Boom 30% 30% 40% 8% 20% Required: a) Calculate the expected return if you buy this share. b) Calculate the variance and standard deviation