Based on the following information:
State of Economy Probability of State of Economy Rate of Return If State Occurs
Stock A Stock B
Recession .21 .09 -.16
Normal .51 .12 .13
Boom .28 .17 .30
Calculate the expected return for the two stocks. Do not round intermediate calculations and round your final answers to 2 decimal places.
Expected return
Stock A ___________%
Stock B ___________%