Based on the following information, calculate the expected return and standard deviation for a $100,000 portfolio, where $30,000 is invested in Stock A; $20,000 is invested in Stock B; and $50,000 is invested in Stock C. State of the Economy Probability of State of Economy Stock A Possible Rates of Return Stock B Possible Rates of Return Stock C Possible Rates of Return Recession .20 +4% -20% +10% Normal .20 +18% +20% +15% Boom .60 +16% +60% -5%