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We know the following expected returns for stocks A and B, given different states of the economy: State (s) Probability E(TA.s) E(TB,s) Recession 0.1 -0.03

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We know the following expected returns for stocks A and B, given different states of the economy: State (s) Probability E(TA.s) E(TB,s) Recession 0.1 -0.03 0.05 Normal 0.5 0.12 0.08 Expansion 0.4 0.2 0.12 Part 3 What is the standard deviation of returns for stock A? 3+ decimals Submit Part 4 What is the standard deviation of returns for stock B? 4+ decimals Submit Attempt 1/10 for 10 pts. Attempt 1/10 for 10 pts

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