Expected return and standard deviation. Use the following information to answer the questions: What is the expected return of each asset? What is the variance and the standard deviation of each osset? What is the expected return of a portfolio with 11% in asset J, 51% in asset K, and 38% in asset L? What is the portfolio's variance and standard deviation using the same asset weights from part (c)? you will typ int: Make sure to round all intermediate calculations to Data Table What is the expected return of asset J? 0701 (Round to four decimal places.) at is the expected return of asset K? (Click on the following loon in order to copy its contents into a spreadsheet.) (Round to four decimal places.) Return Asset Lin State State of Economy Boom Growth Stagnant Recession Probability of State 0.27 0.35 0.23 0.15 Return on Asset Jin State 0.070 0.070 0.070 0.070 Return on Asset Kin State 0.200 0.100 0.065 -0.110 0250 0.190 0.050 -0220 Print Done 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 11% in asset J, 51% in asset K, and 38% in asset L? d. What is the portfolio's variance and standard deviation using the same asset weights from part (c)