consider the following data for stocks and bonds

Consider the following data for stocks and bonds in the scenario analysis and a portfolio with weights of 0.40 in stocks and 0.60 in bonds. Rate of Return Scenario Probability Stocks Bonds Severe recession 0.05 -37% -9% Mild recession 0.25 -11% 15% 0.40 Normal growth 8% 14% 30% 0.30 -5% Boom (a) What is the expected return of stocks? (b) What is the expected return of bonds? (c) What are the expected return and standard deviation of the portfolio