Security F has an expected return of 10.70 percent and a standard deviation of 43.70 percent per year. Security G has an expected return of 15.70 percent and a standard deviation of 62.70 percent per year.

a.	What is the expected return on a portfolio composed of 37 percent of Security F and 63 percent of Security G? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Expected return

%

b.	If the correlation between the returns of Security F and Security G is .32, what is the standard deviation of the portfolio described in part (a)? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Standard deviation

%