Problem 11-8 Calculating Returns and Standard Deviations (LO1, CFA2) Consider the following information: Rate of Return if State Occurs State of Economy Recession Normal Boom Probability of State of Economy .25 .55 Stock A .05 . 12 Stock B -.11 .16 .36 .20 . 16 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.) 11.05% Expected return for A Expected return for B 13.25% 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 %