Scenario Recession Normal economy Boom Probability 20 .50 30 Rate of Return Stocks Bonds -9% +20% +21 +8 +31 +8 50 points Consider a portfolio with weights of 6 in stocks and 4 in bonds. a. What is the rate of return on the portfolio in each scenario? (Do not round intermediate calculations. Round your answers to 1 decimal place.) Print Rate of Return Scenario Recession Normal economy Boom References b. What are the expected rate of return and standard deviation of the portfolio? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Expected rate of return Standard deviation Which investment would you prefer? Portfolio Bonds Stocks