Given the following information, calculate the expected return and standard deviation for a portfolio that has 47 percent invested in Stock A, 15 percent in Stock B, and the balance in Stock C. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Returns

State of Economy

Probability of State of Economy

Stock A

Stock B

Stock C

Boom

0.70

10

%

23

%

26

%

Bust

0.30

13

0

13

Expected return		%
Standard deviation		%