You plan to invest $1,000 in a corporate bond fund or in a common stock fund. The information to the right about the annual return (per $1,000) of each of these investments under different economic conditions is available, along with the probability that each of these economic conditions will occur. Complete parts (a) through (c) below. a. Compute the expected return for the corporate bond fund and for the common stock fund. The expected return for the corporate bond fund is (Round to two decimal places as needed.) The expected return for the common stock fund is (Round to two decimal places as needed.) b. Compute the standard deviation for the corporate bond fund and for the common stock fund. The standard deviation for the corporate bond fund is (Round to two decimal places as needed) Corporate Bond Fund Stock Fund - 200 -60 - 995 - 350 Economic Common 0.20 0.30 Probability Condition 0.01 Extreme recession 0.09 Recession Stagnation Slow growth 30 - 50 70 50 0.25 Moderate growth 80 200 0.15 High growth 90 300 TET b. Compute the standard deviation for the corporate bond fund and for the common stock fund. The standard deviation for the corporate bond fund is (Round to two decimal places as needed.) The standard deviation for the common stock fund is (Round to two decimal places as needed.) c. Would you invest in the corporate bond fund or the common stock fund? Explain. Based on the expected value, the fund should be chosen. Since the standard deviation for the common stock fund is that for the corporate bond fund, the