Based on the following information, the expected return and standard deviation for Stock A are percent and percent, respectively. The expected return and standard deviation for Stock B are percent and percent, respectively. (Do not include the percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16))
Rate of Return if State Occurs State of EconomyProbability of State
of EconomyStock AStock B Recession0.1 0.04 -0.21 Normal0.5 0.08 0.12 Boom0.4 0.12 0.32
