Question: Using the following information, calculate the expected return and the standard deviation of Teal. (Round intermediate calculations to 4 decimal places, e.g. 15.2564 and the

Using the following information, calculate the expected return and the standard deviation of Teal. (Round intermediate calculations to 4 decimal places, e.g. 15.2564 and the final answers to 2 decimal places, e.g. 15.25%.)

State of the economy Probability Teal stock return (%)
Depression 0.20 -6
Recession 0.25 1.0
Normal 0.35 7
Boom 0.20 19

Expected return %
Standard deviation %

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