Suppose returns on Pixie Corp. shares have the following probability distribution

$($a$)$ Calculate the expected return for Pixie.

$($b$)$ Calculate the standard deviation of Pixie's return.

$($c$)$ Suppose new information has been released on Pixie Corp. that indicate that its

returns have been recorded $6\%$ lower than they should be$.$ That is$,$ each entry

column $1$ in the above table is $6\%$ less than it should be$.$ What will happen to

Pixie's expected return? What about its standard deviation?