You've estimated the following returns for a stock, depending on the strength of the economy: Attempt 5/50 for 1 What is the expected return for the stock? Correct The expected return is the weighted average return across all states of the economy: E(r)=s(psE(rs))=0.3(0.03)+0.50.08+0.20.13=0.057 Attempt 1/50 for 1 What is the standard deviation of returns for the stock