Problem 11-1 Expected Returns (LO1, CFA1) Use the following information on states of the economy and stock returns to calculate the expected return for Oingaling Telephone: (Do not round intermediote colculotions. Enter your onswer os o percent rounded to 2 decimel ploces.) Problem 11-12 Portfolio Variance (LO2, CFA5) Use the following information to calculate the expected retum and standard deviation of a portfolio that is 30 percent invested in 3 Doors, Inc, and 70 percent invested in Down Co: (Do not round intermediote colculations, Enter your answers as a percent rounded to 2 decimol ploces.)