An investment has an expected return of 7.75 percent and standard deviation of 2.58 percent. Another investment has an expected return of 15 percent and a standard deviation of 2.7 percent and is counter cyclical to the first investment. What is the expected return of the portfolio and its standard deviation if both are combined into a portfolio with 55 percent invested in the first investment and 45 percent in the second? Assume the correlation coefficient (rij) is -.30.