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 Stock A Stock B Recession 15 - .10 Normal 56 .09 Boom Economy Economy .06 29 14 30 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.) Stock A expected return Stock B expected return Stock A standard deviation Stock B standard deviation