Question: Consider the following information: table [ [ , Probability of , Rate of Return if State Occurs ] , [ Economy , State of

Consider the following information:
\table[[,Probability of,Rate of Return if State Occurs],[Economy,State of Economy,Stock A,Stock B],[Recession,.24,.030,-.29],[Normal,.59,.110,.19],[Boom,.17,.180,.42]]
a. Calculate the expected return for the two stocks.
Note: 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.
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
Answer is complete but not entirely correct.
\table[[a. Expected return of A,8.83ox,%
 Consider the following information: \table[[,Probability of,Rate of Return if State Occurs],[Economy,State

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