Consider a stock with an expected return of 6% and a standard deviation of 15%. Suppose that the risk-free asset has a return of 1%. What will be the average return and standard deviation of a portfolio composed of 20% of the risk free asset and 8% of the stock?

Proportion of stock in portfolio: _____

Proportion of risk free in portfolio: _____

Expected portfolio return: ____

Portfolio standard deviation: ____