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Use the following table to answer questions 1 - 6: State of Economy Boom Normal Recession Probability Asset A of State of Rate of Economy

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Use the following table to answer questions 1 - 6: State of Economy Boom Normal Recession Probability Asset A of State of Rate of Economy Return 0.3 0.13 0.5 0.2 -0.05 Asset B Rate of Return 0.08 0.05 -0.01 0.06 Question 1 (1 point) What is the expected return for asset A? Question 2 (1 point) What is the expected return for asset B? Question 3 (1 point) What is the standard deviation for asset A

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