Problem 13-7 Calculating Returns and Standard Deviations [LO1] Consider the following information: Rate of Return If State Occurs State of Probability of State of Economy Economy Stock A Stock B .19 Recession Normal Boom .56 .25 .08 .11 .16 -.19 .10 .27 a. Calculate the expected return for Stocks A and B. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation for Stocks A and B. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) % a. Stock A expected return Stock B expected return b. Stock A standard deviation % % Stock B standard deviation % Problem 13-7 Calculating Returns and Standard Deviations [LO1] Consider the following information: Rate of Return If State Occurs State of Probability of State of Economy Economy Stock A Stock B .19 Recession Normal Boom .56 .25 .08 .11 .16 -.19 .10 .27 a. Calculate the expected return for Stocks A and B. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation for Stocks A and B. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) % a. Stock A expected return Stock B expected return b. Stock A standard deviation % % Stock B standard deviation %