Problem 11-7 Calculating Returns and Standard Deviations [LO 1] Consider the following information: ETTT Rate of Return if State Occurs Probability of State of Economy State of Stock A Economy Recession Stock B -41 .21 .040 .120 Normal .61 .31 .54 Boom .18 .300 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).) Expected return E(RA) E(RB) 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