The countries of Stabilato and Variato have the following average returns and standard deviations for their stocks, bonds, and short term government securities. What range of returns should you expect to earn 95 percent of the time for each asset class if you invested in Stabilato's securities? From investing in Variato's securities? Stabilato stocks: Average return 8%, standard deviation 3%. Stabilato bonds: Average return 5% standard deviation 2%. Stabilato short term government debt: Average return 3% Standard deviation 1%. Variato stocks: Average return 15% standard deviation 13% Variato bonds: Average return 10% standard deviation 8%. Variato short term government debt: Average return 6% standard deviation 3%.