Enter your answers below.

$E(r)=$

Correct response: $4\mathrm{.}86+-0\mathrm{.}01\%$

Std$.$ Dev. $=$

Correct response: $4\mathrm{.}16+-0\mathrm{.}01\%$

This question has $2$ parts $($i$.$e$.,$ you will be clicking "Verify" twice$)$

The investor decides to diversity by investing $$9,000$ in Gryphon stock and $$8,000$ in Royal stock which has an expected return of $8\%$ and a standard deviation of $5\mathrm{.}4\%.$ The correlation coefficient for the two stocks' returns is $0\mathrm{.}5.$ Calculate the expected return and standard deviation of the portfolio. Round your answers to $2$ decimal places. Use the correct answers from the previous question.

Enter your answers below.

$E(r_p)=,\%$

Std$.$ Dev $=$

Section

Attempt $1$ of $1$