Consider the following information: Probability of State Rate of Return if State Occurs Economy of Economy Stock A Stock B 

Recession     .24     .030      – .39 

Normal          .59     .110        .29 

Boom             .17      .280       .52 

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.) Expected return E(RA) % E(RB) % 

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.) Standard deviation σA % σB %