The Bank of Tinytown has two loans A & B, valued $10,000 and $20 000 respectively that have the following characteristics: Loan A has an expected return of 8 per cent and a standard deviation of returns of 12 per cent. The expected return and standard deviation of returns for loan B are 12 per cent and 16 per cent, respectively. If the correlation between loan A and B is 0.3, what are the expected return and standard deviation of this portfolio? (Note: Pick the closest answer)