The expected market return and risk for different assumptions about the state of the economy is shown below. Expected Market State of Economy Fast growth Slow growth NO growth Recession Depression Probability of State 8.11 e.40 0.30 0.14 8.05 Return 29% 18+ -14% -30% 6. Compute the expected retum and standard deviation (Round your answers to 2 decimal places.) Expected rotum Standard deviation 9.03% % b. Compute the expected return and risk for the following 2 scenarios: (Round your answers to 2 decimal places.) Scenario 1 Probability of State State of Economy Fast growth Slow growth NO growth Recession Depression Expected Market Return 34% 16% 8.09 0.35 0.30 0.24 0.02 -110 - 352 Expected retum Standard deviation 4.24% % Scenario 2 State of Economy Fast growth Slow growth No growth Recession Depression Probability of State e.le 0.33 Expected Market Return 35% 11% 6% -18% -31% 0.39 0.16 0.02 Expected return Standard deviation % %