Question: Problem 8 Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession

 Problem 8 Intro You've estimated the following expected returns for a

Problem 8 Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession 0.3 -0.05 Normal 0.5 0.06 0.2 Expansion 0.11 Attempt 1/5 for 10 pts. B Part 1 What is the expected return for the stock? 3+ decimals Submit Attempt 1/5 for 10 pts. Part 2 What is the standard deviation of returns for the stock? 3+ decimals Submit

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