An investor is considering the purchase of Gryphon stock, which has returns given in the table below. Rate of Return 4% Scenario Recession Normal Economy Boom Probability 0.26 0.44 0.3 11% 113% Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. E(T) = 7.7 Correct response: 7.7% Std. Dev. = 6.99 Correct response: 6.99+0.01% The investor decides to diversity by investing $3,000 in Gryphon stock and $6,000 in Royal stock, which has an expected return of 9.5% and a standard deviation of 10.2%. The correlation coefficient for the two stocks' returns is 0.2. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Enter your answers below. E(p) = 8.9 Correct response: 8.9 Std. Dev. Number