Problem 11-7 Calculating Returns and Standard Deviations [LO 1] Consider the following information: State of Economy Recession Normal Boom Probability of State of Economy 21 61 .18 Rate of Return if State Occurs Stock A Stock B .040 - 31 120 21 200 44 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 (0.9. 32.16).) E(RA) E(R) Expected return 11.76% % 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 (0.9. 32.16).) OA ds Standard deviation % 24.80%