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An investor is considering the purchase of Gryphon stock, which has returns given in the table below. Scenario Recession Normal Economy Boom Probability 0.26 0.57 10.17 Rate of Return -5% 19% 16% Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. E() = 6.55 Correct response: 6.55% Std. Dev. = 0.53 Correct response: 7.30.01% This question has 3 parts (.e., you will be clicking "Verify" 3 times) The investor decides to diversify by investing $6,000 in Gryphon stock and $2,000 in Royal stock, which has an expected return of 5% and a standard deviation of 14.3%. The correlation coefficient for the two stocks' returns is 0.2. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Enter your answers below. E(rp) = Number % Std. Dev. = Number %