Given the following information, calculate the expected return and standard deviation for a portfolio that has 45 percent invested in Stock A, 44 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. Omit the "%" sign in your response.)

			Returns
State of Economy	Probability of State of Economy	Stock A	Stock B	Stock C
Boom	.70	14%	23%	24%
Bust	.30	15%	0%	-15%

a. Expected return = ?

b. Standard deviation = ?