An investor is considering the purchase of Gryphon stock, which has returns given in the table below. Probability 0.23 Scenario Recession Normal Economy Boom Rate of Return -3% 9% 13% 0.45 6.32 Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. > E() = 7.52 Correct response: 7.52% Std. Dev. = 6 Correct response: 630.01% The investor decides to diversify by investing $6,000 in Gryphon stock and $10,000 in Royal stock, which has an expected return of 9% and a standard deviation of 4.7%. 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. Enter your answers below. E(Tp) = Number % Std. Dev. = Number %