Everest Inces manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the standard deviation of the estimated returns? States of the Economy Probability Stock's Expected Return Strong 30% 25.65% Normal 55% 12.30% Weak 15% - 14.10% 16.34% 14.46% 9.43% 11.94% 12.57% Question 8 3 pts Mrs. Jones has a 2-stock portfolio with a total value of $510,000 $195,000 is invested in Stock A and the remainder is invested in Stock B. If standard deviation of Stock Ais 21.75%, Stock Bis 10.40%, and correlation between Stock A and Stock Bis -0.70, what would be the expected risk on Mrs. Jones' portfolio (standard deviation of the portfolio return)? 5.07% 5.79% 6.09% 7.10% 5.97M