Asset $1$ has a standard deviation of $0\mathrm{.}0$ and an expected return of $3\%.$ Asset $2$ has a standard deviation of $0\mathrm{.}16$ and an expected return of $11\%.$ The covariance between them is $0\mathrm{.}0$ because asset $1$ has a standard deviation of $0\mathrm{.}0.$ Compute the expected return and standard deviation of a portfolio consisting of $100\%$ asset $1$ and $0\%$ asset $2.$