Problem $11-17$ Minimum Variance Portfolio $($LO$2,$ CFA$4)$

Consider two stocks, Stock D$,$ with an expected return of $19$ percent and a standard deviation of $34$ percent, and Stock I, an

international company, with an expected return of $7$ percent and a standard deviation of $22$ percent. The correlation between the two

stocks is $-\mathrm{.}20.$ What are the expected return and standard deviation of the minimum variance portfolio? $($Do not round intermediate

calculations. Enter your answer as a percent rounded to $2$ decimal places.$)$