State of Economy Boom Normal Recession Probability of State 0.36 0.54 0.10 Return on Asset A in State 0.02 0.02 0.02 Return on Asset B in State 0.25 0.06 -0.02 Return on Asset C in State 0.35 0.19 -0.23 Expected return and standard deviation. Use the fo a. What is the expected return of each asset? b. What is the variance of each asset? a. What is the expected return of asset A? (Round to four decimal places.) c. What is the standard deviation of each asset? Hint: Make sure to round all intermediate calculations to at each answer box, only apply for the answers you will type. a. What is the expected return of asset A? (Round to four decimal places.) an olink Chack