Given the following information, calculate the expected return and standard deviation for a portfolio that has 49 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.)

				Returns
State of Economy	Probability of State of Economy			Stock A		Stock B		Stock C
Boom		.70		16	%	23	%	26	%
Bust		.30		8		0		8