Expected return and standard deviation Use the following information to answer the questions ? a. What is the expected return of each asset? b. What is the variance and the standard deviation of each asset? c. What is the expected return of a portfolio with 9% in asset J, 55% in asset K, and 36% in asset L? d. What is the portfolio's variance and standard deviation using the same asset weights from part (c)? Hint: Make sure to round all intermediate calculations to at least seven (7) decimal places. The input instructions, phrases in parenthesis after answer box, only apply for the answers you will type 0.1152 (Round to four decimal places.) b. What i Data Table 0 (Rou What is (Click on the following icon in order to copy its contents into a spreadsheet.) 0.00829 What is 0.02405 State of Economy Boom Growth Stagnant Recession Probability ol Stato 0.25 0.36 0.22 0.17 Rotum on Astoji Slalo 0.070 0.070 0.070 0.070 Rolum on Assel K in Stato 0.190 0.110 0.030 -0.080 Rolumn on Asset Lin Slalo 0.280 0.180 0.050 0.180 What is 0 (Rou What is Print Done 0.09083 What is the standard deviation of asset L? 0.15508372 (Round to four decimal places.) c. What is the expected return of a portfolio with 9% in asset J, 55% in asset K, and 36% in asset L? (Round to four decimal places)