Consider the following scenario analysis: Scenario Recession Normal economy Boom Probability 0.2 0.7 0.1 Rate of Return Stocks Bonds -5% 13% 14 10 25 4 Assume a portfolio with weights of 0.60 in stocks and 0.40 in bonds. a. What is the rate of return on the portfolio in each scenario? (Enter your answer as a percent rounded to 1 decimal place.) Rate of Return Recession % Normal economy % Boom % b. What are the expected rate of return and standard deviation of the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) % Expected return Standard deviation %