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You have been given the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock A Stock B

You have been given the following information:
State of Economy Probability of State of Economy Rate of Return if State Occurs
Stock A Stock B
Recession .15.04.17
Normal .55.09.12
Boom .30.17.27
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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