Given the following information, calculate the expected return and standard deviation for a portfolio that has 54 percent invested in Stock A, 30 percent in Stock B, and the balance in Stock C. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

State of Economy	Probability of State of Economy			Stock A		Stock B		Stock C
Boom		0.80		17	%	18	%	23	%
Bust		0.20		9		0		?9

Expected return= ______

Standard deviation= _____