Question 4: Based on the following information, calculate the expected return and standard deviation: State Depression Recession Normal Boom Prob. of State p r 0.15 -105 0.30 .059 0.45 .130 0.10 .211 Question 5: Based on the following information, calculate the expected return and standard deviation for the two stocks. What are the covariance and correlation between the returns of the two stocks? State Prob. of State pra Recession 0.30.06 -.20 Normal 0.55 .07 .13 Boom 0.15.11 .33 Question 6: Based on the following information, calculate the expected return and standard deviation for the two stocks. What are the covariance and correlation between the returns of the two stocks? 1