Stock 1 has an expected return of 7% and a standard deviation of 30%. Stock 2 has an expected return of 14% and a standard deviation of 21%. Their correlation is 0.23.

You invest 20% in stock 1 and 80% in stock 2.

Part 1 What is the expected return of the portfolio?

Part 2 What is the variance of the portfolio?

Part 3 What is the standard deviation of the portfolio? 3+ decimals

Please answer all 3