An investor is considering the purchase of Gryphon stock, which has returns given in the table below. Scenario Recession Normal Economy Boom Probability 0.14 0.45 0.41 Rate of Return -1% 8% 14% Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. E(r) = 9.2 Correct response: 9.20.01 % Std. Dev. = 5.01 Correct response: 4.970.01% This question has 3 parts (i.e., you will be clicking "Verify" 3 times) The investor decides to diversify by investing $7,000 in Gryphon stock and $4,000 in Royal stock, which has an expected return of 6% and a standard deviation of 5.5%. The correlation coefficient for the two stocks' returns is 0.6. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Enter your answers below. E(rp) = Number % Std. Dev. Number % Section Attempt 1 of 1