Scenario	Probability	Rate of Return
Recession	.15	-2%
Normal	0.52	9 %
Boom	0.33	16%

An investor is considering the purchase of Welsh stock, which has returns given in the table below.

1.a) Calculate the expected return and standard deviation of Welsh stock. Round your answer to 2 decimal places

Expected Return =

Standard deviation =

b) The expected return on Big Time Toys is 11% and its standard deviation is 20%. The expected return on Chemical Industries is -2% and its standard deviation is 20%. Suppose the correlation coefficient for the two stocks' returns is 0.1. What are the expected and standard deviation of a portfolio with a 70% invested in Big Time Toys and the rest in Chemical Industries?

Expected Return =

Standard Deviation -

Please answer both parts to both questions to get thumbs up! And please round to 2 decimal places for all.

Thanks for your time