IntroYou've estimated the following expected returns for astock, depending on the strength of the economy:State (s) Probability Expected returnRecession-0.02Normal0.09Expansion0.14Part 1What is the expected return for the stock?3+ decimalsSubmit0.20.50.3Part 2What is the standard deviation of returns for the stock?3+ decimalsSubmit

As per the given information: StateProbabilityExpected…

Intro You've estimated the following expected returns for a stock, depending on the strength of the economy: State (s) Probability Expected return Recession -0.02 Normal Expansion Part 1 What is the expected return for the stock? 3+ decimals Submit 0.2 0.5 0.3 3+ decimals Part 2 What is the standard deviation of returns for the stock? Submit 0.09 0.14