Annual and Average Returns for Stocks, Bonds, and T-Bills, 1950 to 2017 Long-Term Treasury 1950 to 2017 1950 to 1959 1960 to 1969 1970 to 1979 1980 to 1989 1990 to 1999 2000 to 2009 Average Stocks 12.7% Bonds T-bills 6.6% 4.30% Average 20.9 0.0 2.00 Average 8.7 1.6 4.00 Average Average Average 7.5 5.7 6.30 18.2 13.5 8.90 19.0 9.5 4.90 Average 0.9 8.0 2.70 2010 2011 Annual Return 2012 Annual Return Annual Return 15.1 9.4 0.01 2.1 29.9 0.02 16.0 3.6 0.02 2013 Annual Return 32.4 -12.7 0.07 2014 Annual Return 13.7 25.1 0.05 2015 Annual Return 1.4 -1.2 0.21 2016 Annual Return 12.0 1.2 0.51 2017 2010 to 2017 Annual Return Average 21.8 8.4 1.39 14.3 8.0 0.29 You have a portfolio with an asset allocation of 60 percent stocks, 30 percent long-term Treasury bonds, and 10 percent T-bills. Use these weights and the returns given in the above table to compute the return of the portfolio in the year 2010 and each year since. Then compute the average annual return and standard deviation of the portfolio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)