I has returns given in the table below. Scenario Probability Rate of Return Recession 0.24 -1% Normal Boom 0.56 0.2 9% 19% Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. E()-8.60 Correct response: 8.6 % Std. Dev. 6.62 Correct response: 6.620.01% This question has 2 parts (i.e., you will be clicking "Verify" twice) The investor decides to diversity by investing $5,000 in Gryphon stock and $2,000 in Royal stock which has an expected return of 4% and a standard deviation of 6.4%. The correlation coefficient for the two stocks' returns is 0.8. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Use the correct answers from the previous question Enter your answers below. El Number Std. Dev Number Submit Assignment Quit & Save Back Question Menu -