Given the following information, what is the expected return and the standard deviation (risk) of an investment in the following shares?

Economic conditions	Investment Return	Probability
Strong growth	+40%	0.20
Weak Growth	+15%	0.60
Economic decline	-10%	0.20

Select one:

a.

Expected return 15.00% Risk (Standard deviation) 15.81%

b.

Expected return 12.18% Risk (Standard deviation) 14.45%

c.

Expected return 9.50% Risk (Standard deviation) 18.23%

d.

Expected return 10.25% Risk (Standard deviation) 12.26%