The expected market return and risk for different assumptions about the state of the economy is shown below.

State of Economy	Probability of State	Expected Market Return
Fast growth	0.08	37%
Slow growth	0.39	13%
No growth	0.30	7%
Recession	0.19	13%
Depression	0.04	31%

Compute the expected return and standard deviation.

Note: Round your answers to 2 decimal places.

Expected Return = ?%

Standard Deviation = ?%

Compute the expected return and risk for the following 2 scenarios:

Note: Round your answers to 2 decimal places.

Scenario 1:

State of Economy	Probability of State	Expected Market Return
Fast growth	0.10	34%
Slow growth	0.30	16%
No growth	0.34	4%
Recession	0.21	22%
Depression	0.05	27%

Expected Return = ?%

Standard Deviation = ?%

Scenario 2:

State of Economy	Probability of State	Expected Market Return
Fast growth	0.16	44%
Slow growth	0.32	14%
No growth	0.35	4%
Recession	0.14	16%
Depression	0.03	30%

Expected Return = ?%

Standard Deviation = ?%