Suppose your expectations regarding the stock price are as follows: State of the Market Probability Ending Price HPR (including dividends) Boom 0.22 $140 49.5% Normal growth 0.21 110 21.5 Recession 0.57 80 19.0 Use Equations formula37.mml, formula55.mml to compute the mean and standard deviation of the HPR on stocks. (Omit the % sign in your response. Do not round intermediate calculations. Enter your answers as decimals rounded to 2 places.)

Mean %

Standard deviation %