Question: Quantitative Problem: You are given the following probability distribution for CHC Enterprises: State of Economy Probability Rate of return Strong 0.2 18% Normal 0.5 9% Weak 0.3 -5%
What is the stock's expected return? Round your answer to 2 decimal places. Do not round intermediate calculations.
What is the stock's standard deviation? Round your answer to two decimal places. Do not round intermediate calculations