3. What is the average expected return and standard deviation of the mutual fund Sc&co having in mind your expectations about the economic cycle, risk and returns in each of the stages presented in the table below? *You also expect average return of at least 10% without deviation* A B C Scenario Recession Normal Growth Economic Growth Profitability 0.25 0.5 HPR (holding period return) % -30% 20% 50% 0.25