The following forecast of the market’s return overthe next year to…The following forecast of the market’s return overthe next year to answer the next three questions.StateProbability ReturnBoom .25 .30Normal Growth .60 .10Recession.15 -.40Find the expected return on the stock marketWhat is the standard deviation of the market’s expected return?Round intermediate steps and your final answer to four decimals and enter your answer in decimal format (ex: .XXXX).Find the coefficientof variation. Round intermediate steps and your final answer to four decimals.Accounting Business Financial Accounting FIN 4310

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