Scenario Recession Normal economy Boom Probability .20 .60 .20 Scenario Recession Normal economy Boom Rate of Return Stocks -5% Expected rate of return Standard deviation +15 +25 Consider a portfolio with weights of .60 in stocks and .40 in bonds. a. What is the rate of return on the portfolio in each scenario? (Do not round intermediate calculations. Enter your answers as a percent rounded to 1 decimal place.) Rate of Return 1.8% % % Bonds +14% +8 +4 b. What are the expected rate of return and standard deviation of the portfolio? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) 116 % %