Expected return and standard deviation. Use the following information to answer the questions: a. What is the expected retum of each asset? b. What is the variance and the standard deviation of each assot? c. What is the expected return of a portfolio with 11% in asset J,55% in asset K, and 34% in asset ? d. What is the portfolio's variance and standard deviation using the same asset weights from party? Hint. Make sure to round an intermediate calculations tout least seven (7) decimal places. The input instructions, phones in parenthesis after each answer box, only apply for the answers you will a. What is the expected return of asset? Round to four decimal places.) Enter your answer in the answer box and then click Check Answer parts 11 Chna X i Data Table you (Click on the following icon in order to copy its contents into a spreadsheet.) State of Economy Boom Growth Stagnant Recession Probability of State 0.28 0.35 0.24 0.13 Return on Asset Jin State 0.060 0.060 0.060 0.060 Return on Asset K in State 0.230 0.110 0.050 -0.080 Return on Asset L in State 0.270 0.230 0.075 -0.210 Print Done