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Calculate Expected Return and Standard Deviation (please show how to do this on a calculator using STAT)

Based on the following data, calculate the expected return and standard deviation of returns for EACH stock.

State of the Economy Probability Stock A Rate of Return Stock B Rate of Return

Recession .25 6% -20%

Normal Growth .45 7% 13%

Boom .3 11% 33%

Financial Management, Finance

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