Consider the following scenario analysis:

Scenario	Probability	Rate of Return
		Stocks	Bonds
Recession	0.2	7%	13%
Normal economy	0.5	14	9
Boom	0.3	27	4

Assume a portfolio with weights of 0.60 in stocks and 0.40 in bonds.

What is the rate of return on the portfolio in each scenario?

recession - ?

normal economy - ?

Boom - ?

What are the expected rate of return and standard deviation of the portfolio?

expected return - ?

standard deviation - ?