State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	0.20	0.02	-0.19
Normal	0.60	0.08	0.15
Boom	0.20	0.12	0.32

Required:

(a)	Calculate the expected return for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 7.90% 7.60% 7.35% 7.28% 7.98%

(b)	Calculate the expected return for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 11.02% 11.60% 12.06% 12.18% 9.33%

(c)	Calculate the standard deviation for Stock A. (Do not round your intermediate calculations.)
	(Click to select) 3.36% 3.04% 2.26% 3.33% 3.20%

(d)	Calculate the standard deviation for Stock B. (Do not round your intermediate calculations.)
	(Click to select) 16.66% 17.49% 11.78% 15.82% 17.32%