Consider the following scenario analysis: Scenario Recession Normal economy Boom Rate of Return Probability Stocks Bonds 0.2 -58 13% 0.7 14 10 0.1 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.) Recession Normal economy Boom Rate of Return % % % b. What are the expected rate of return and standard deviation of the portfolio? (Do not round intermediate calculations. Enter answer as a percent rounded to 2 decimal places.) Expected return Standard deviation % %