The expected market return and risk for different assumptions about the state of the economy is shown below. State of Economy Fast growth Slow growth No growth Recession Depression Probability of State 0.14 0.41 0.21 0.20 0.04 Expected Market Return 353 188 58 -223 -33% a. Compute the expected return and standard deviation. (Round your answers to 2 decimal places.) Expected return Standard deviation b. Compute the expected return and risk for the following 2 scenarios: (Round your answers to 2 decimal places.) Scenario 1: Probability of State 0.13 0.30 0.30 0.23 0.04 Expected Market Return 30% 12% State of Economy Fast growth slow growth No growth Recession Depression -19% -30% Expected return Standard deviation Scenario 2: Probability of State 0.10 0.39 0.30 0.19 0.02 Expected Market Return 35% 198 State of Economy Fast growth slow growth No growth Recession Depression -198 -40% Expected return Standard deviation