The expected market return and risk for different assumptions about the state of the economy is shown below. state of Economy Fast growth Slow growth No growth Recession Depression Probability of State 0.11 0.40 0.3e 0.14 0.85 Expected Market Return 29% 18% 7% - 14% -30% a. Compute the expected return and standard deviation (Round your answers to 2 decimal places.) Answer is complete and correct. 9.03 Expected return Standard deviation 15.09 % b. Compute the expected return and risk for the following 2 scenarios: (Round your answers to 2 decimal places.) Scenariot State of Economy Fast growth Slow growth NO growth Recession Depression Probability of State 0.09 0.35 0.30 0.24 0.02 Expected Market Return 343 16% 2x -35% Answer is complete and correct. 4.24 % Expected return Standard deviation 16.71 % Scenario 2: state of Economy Fast growth Slow growth No growth Recession Depression Probability of State 0.10 0.33 0.39 0.16 0.02 Expected Market Return 35% 111 6% -18% -31% Answer is not complete. % Expected return Standard deviation %