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A portfolio manager has a portfolio of two stocks, Stock A and Stock B, with the following statistics: Stock A has an expected return of

A portfolio manager has a portfolio of two stocks, Stock A and Stock B, with the following statistics:

Stock A has an expected return of 10% and a standard deviation of 15%.

Stock B has an expected return of 8% and a standard deviation of 10%.

The correlation between the returns of Stock A and Stock B is 0.5.

The portfolio manager wants to invest 60% of the portfolio in Stock A and 40% in Stock B. What is the expected return and standard deviation of the portfolio? What is the portfolio's Sharpe ratio?

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