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Question: Problem 11-11 Given the following information, calculate the expected return and standard dev...

Problem 11-11

Given the following information, calculate the expected return and standard deviation for a portfolio that has 45 percent invested in Stock A, 34 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	Probability of
Economy	State of Economy			Stock A		Stock B		Stock C
Boom		.40		15%		18%		20%
Bust		.60		10		0		10

Expected return	%
Standard deviation	%