Jim has recently constructed a portfolio consisting of the following:

• 40% of his money in stock GXY. The expected return and standard deviation is 0.15 and 0.1 respectively.
• 40% of his money in stock ORE. The expected return and standard deviation is 0.13 and 0.12 respectively.
• 20% of his money in stock A2M. The expected return and standard deviation is 0.1 and 0.09 respectively.

The correlation coefficient for GXY & ORE is 0.8, the correlation coefficient for GXY & A2M is 0.3 and the correlation coefficient for ORE & A2M is 0.2

1. Calculate the expected return of Jims portfolio
2. Calculate the risk of Jims portfolio