Consider the following scenario analysis: Scenario Recession Normal economy Boom Recession Normal economy Boom Probability 0.20 0.60 0.20 Expected return Standard deviation - Rate of Return % % % Rate of Return 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.) Stocks % -5% 15 25 Bonds 14% 8 4 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.)