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You have been given the following information about Zambia. The probability of the state of the economy is also provided to you. There are

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You have been given the following information about Zambia. The probability of the state of the economy is also provided to you. There are two stocks A and B. You need to invest in the following stocks. Develop a comprehensive analysis of the economy to find the expected return for the two stocks? Rate of Return if State Occurs Probability of State of State of Stock A Economy Economy Stock B Recession .17 .06 -.17 Normal .50 .09 .12 Boom .33 .14 .29 a. Calculate the expected return for the two stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation for the two stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

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