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3. Calculating asset expected return Based on the following information, calculate the expected return of this stock. State of Probability Rate of return the economy in given state Recession 30% -11% Boom 70% 21% 10.7 Question 4 1 pts 4. Calculating asset expected return and standard deviation Based on the following information, calculate the expected return and standard deviation for the two stocks. Probability State of the economy Boom Normal Recession 40% 50% 10% Rate of return in given state Stock A Stock B 15% 31% 10% 18% 2% -30% As this is a multipart problem please enter the expected return of Stock A. 8.8