Expected return and standard deviation Use the following information to answer the questions. Return on Return on Return on State of Probability of State Asset B in Asset C in Asset A in Economy State State State 0.37 0.05 0.29 Boom 0.22 0.55 0.05 0.09 0.22 Normal 0.08 0.05 -0.23 Recession -0.01 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? Llint Malea aure in caund allintnr a. What is the expected return of asset A? (Round to four decimal places.)