Problem 11-8 Calculating Returns and Standard Deviations (LO1, CFA2) Consider the following information: Rate of Return If State Occurs Stock B State of Economy Recession Normal Boom Probability of State of Economy 30 .55 . 15 Stock A .05 . 15 20 -.15 . 15 35 a. Calculate the expected return for the two stocks. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) % Expected return for A Expected return for B % b. Calculate the standard deviation for the two stocks (Do not round your intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Standard deviation for A Standard deviation for B