The expected value and the standard deviation of returns for asset A is ________. (See below.)

Asset A

possiable outcomes probability return (%)

pessimistic 0.25 10

most likely 0.45 12

optimistic 0.30 16

Select one:

a. 12.7 percent and 2.3 percent

b. 12.7 percent and 4 percent

c. 12 percent and 2.3 percent

d. 12 percent and 4 percent