ACCOUNTING BU330 State of EconomyProbability of StateReturn on A in StateReturn on B in StateReturn

Part C: Use the information in the following table to answer the questions below.State of EconomyProbability of StateReturn on A in StateReturn on B in StateReturn on C in StateBoom.350.0400.2100.300Normal.500.0400.0800.200Recession.150.040-0.010-0.260a.What is the expected return of each asset?b.What is the variance of each asset?c.What is the standard deviation of each asset?

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