1.) The investor decides to diversify by investing $10,000 in Gryphon stock and $9,000 in Royal stock which has an expected return of 12% and a standard deviation of 7.6%. The correlation coefficient for the two stocks' returns is 0.8. 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. (CORRECT ANSWER FROM PREVIOUS = Expected return is 8.72, Std. Deviation is 4.02)

2.) Using the correct answers from the previous questions, what is the expected return of the portfolio? Enter your answer as a percentage. Do not put the percent sign in your answer. Round your answer to 2 DECIMAL PLACES. (Answer from previous is SD_A = 8.11 , SD_B = 13.44)

3.) The investor decides to diversify by investing $7,000 in Gryphon stock and $7,000 in Royal stock, which has an expected return of 4% and a standard deviation of 14.3%. The correlation coefficient for the two stocks' returns is 0.5. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. (CORRECT ANSWER FROM PREVIOUS = Expected return is 10.73, Std. Deviation is 3.91)