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An investor is considering the purchase of Gryphon stock, which has returns given in the table below. Scenario Probability Rate of Return Recession 0.22 -3%

An investor is considering the purchase of Gryphon stock, which has returns given in the table below.

Scenario Probability Rate of Return
Recession 0.22 -3%
Normal Economy 0.57 9%
Boom 0.21 12%

Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places.

Enter your answers below.

E(r) = %

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