Security F has an expected return of 14.0 percent and a standard deviation of 17 percent per year. Security G has an expected return of 20.2 percent and a standard deviation of 42 percent per year.

a.

What is the expected return on a portfolio composed of 30 percent of security F and 70 percent of security G? (Do not round the intermediate calculations. Round the final answer to 2 decimal places.)

Expected return of the portfolio % = ?

b.

If the correlation between the returns of security F and security G is 0.75, what is the standard deviation of the portfolio described in part (a)? (Do not round the intermediate calculations. Round the final answer to 2 decimal places.)

Standard deviation % =?