Question: Expected return and standard deviation. Use the following information to answer the questions. Return on Asset A in State Return on Asset B in State

Expected return and standard deviation. Use the following information to answer the questions. Return on Asset A in State Return on Asset B in State Return on Asset C in State State of Probability of State Boom Normal Recession 0.39 0.51 0.10 0.03 0.03 0.03 0.24 0.09 -0.03 0.29 0.21 -0.21 a. What is the expected return of each asset? b. What is the variance of each asset? c. What is the standard deviation of each asset
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