Problem 8-07 You are considering two stocks and have determined the following information: 10. Stock A Return 26% Probability of the Return 35% 60 11 9 Stock B Return 30 % 19 Probability of the Return 10% 30 60 a. Which of the two stocks has the higher expected return? Round your answers to two decimal places. X The return on Stock A: The return on Stock B: Stock A has the higher expected return. b. Which stock is riskier? Do not round intermediate calculations. Round your answers to two decimal places. Standard deviation of Stock A: Standard deviation of Stock B: Stock B i s riskier. C. Given your answers to the two previous questions, what stock is preferred? Stock is preferred