SecurityFhas an expected return of 11.80 percent and a standard deviation of 44.80 percent per year. SecurityGhas an expected return of 16.80 percent and a standard deviation of 63.80 percent per year.

a.What is the expected return on a portfolio composed of 22 percent of SecurityFand 78 percent of SecurityG?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Expected return%

b.If the correlation between the returns of SecurityFand SecurityGis .17, what is the standard deviation of the portfolio described in part (a)?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Standard deviation%