Probability 16.28 Scenario Recession Normal Economy Boom Rate of Return 1-3% 16% 19% 0.43 0.29 Calculate the expected return and standard deviation of Gryphon. Round your answers to 2 decimal places. Enter your answers below. E(I) = 4.35 Correct response: 4.35+0.01% Std. Dev. = 4.75 Correct response: 4.75+0.01% This question has 3 parts (i.e., you will be clicking "Verify" 3 times) The investor decides to diversify by investing $3,000 in Gryphon stock and $4,000 in Royal stock, which has an expected return of 6.5% and a standard deviation of 10.7%. The correlation coefficient for the two stocks' returns is 0.4. Calculate the expected return and standard deviation of the portfolio. Round your answers to 2 decimal places. Enter your answers below. E(rp) = Number % Std. Dev. = Number %