A portfolio has $200,000 invested in bonds and $300,000 invested in stocks. The bonds have an expected return of 8% a with a standard deviation of 12%. The stocks have an expected return of 12% with a standard deviation of 20%. The correlation between the stocks and bonds is 0.40.

1. What is the portfolio weight for the bonds?

2. What is the portfolio weight for the stocks?

3. What is the expected return for the portfolio? (Treat the expected values of the individual assets as whole numbers not percentages.)

4. What is the expected variance for the portfolio? (Treat the standard deviations of the individual assets as whole numbers not percentages.)

5. What is the expected standard deviation for the portfolio? (Treat the standard deviations of the individual assets as whole numbers not percentages.)