P13-7 Calculating Returns and Standard Deviations [LO1]

Based on the following information, the expected return and standard deviation for Stock A are percent and percent, respectively. The expected return and standard deviation for Stock B are percent and percent, respectively. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	.15	.05