State of the Economy Probability HPR Boom 0.3 39% Normal growth 0.5 16 Recession 0.2 21 E(r)=ss=1p(s)r(s) Var(r)2=ss=1p(s)[r(s)E(r)]2 SD(r)=Var(r) Required: Use above equations to compute the mean and standard deviation of the HPR on stocks. (Do not round intermediate calculations. Round your answers to 2 decimal places.)