Problem 11-7 Calculating Returns and Standard Deviations [LO 1) Consider the following information: Rate of Return if State Occurs Probability of State of Economy Stock A State of Economy Recession Normal Boom Stock B 39 24 030 59 .17 .110 280 Requirement 1: Calculate the expected return for the two stocks. (Do not round Intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) E(RA) E(RB) Expected return 11.97 % 7.97 % Requirement 2: Calculate the standard deviation for the two stocks. (Do not round Intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g. 32.16).) Standard deviation 16.59 32.34 % %