An investor is considering the purchase of Gryphon stock, which has returns given in the table below. Probability 10.11 Scenario Recession Normal Boom Rate of Return 112% 18% 19% 0.49 0.4 Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. E(T) = 11.74 Correct response: 11.74 % This question has 4 parts (i.e., you will be clicking "Verify" 4 times) Std. Dev. = 6.19 Correct response: 6.19+0.010 % The investor decides to diversify by investing $6,000 in Gryphon stock and $2,000 in Royal stock which has an expected return of 7% and a standard deviation of 7.7%. The correlation coefficient for the two stocks' returns is 0.7. 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. Enter your answers below. E(rp) = 99 %