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You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for a $ 1 , 0 0 0

You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for a $1,000 investment in each stock under four different economic conditions has the probability distribution shown to the right. Complete parts (a) through (c) below.ReturnsProbabilityEconomic Condition Stock X Stock Y0.1Recession-70-1100.2Slow growth20500.4Moderate growth1001400.3Fast growth160200Question Viewera. Compute the expected return for stock X and for stock Y.The expected return for stock X is 85.(Type an integer or a decimal. Do not round.)The expected return for stock Y is 115.(Type an integer or a decimal. Do not round.)b. Compute the standard deviation for stock X and for stock Y.The standard deviation for stock Xis |(Round to two decimal places as needed.)

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