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Using the following information, calculate the expected return and the standard deviation of Sunland. (Round intermediate calculations to 4 decimal places, e.g. 15.2564 and the
Using the following information, calculate the expected return and the standard deviation of Sunland.
(Round intermediate calculations to 4 decimal places, e.g. 15.2564 and the final answers to 2 decimal places, e.g. 15.25%.) State of the economy Probability Sunland stock return (%)
Depression 0.10 -5.8
Recession 0.15 1.0
Normal 0.35 6.8
Boom 0.40 18.8
Expected return ?
Standard deviation ?
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