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The expected rate of return and risk: Kelly B. Stites, Inc. is considering an investment in one of two portfolios. Given the information tha follows,

The expected rate of return and risk: Kelly B. Stites, Inc. is considering an investment in one of two portfolios. Given the information tha follows, which investment is better, base on risk ( as measured by the standard deviation) and the expected rate of return?

Portfolio A Portfolio B
Probability Return Probability Return
0.15 -1% 0.05 4%
0.57 17% 0.25 9%
0.28 26% 0.38 13%
0.32 16%

a the expected rate of return for portfolio B is ________ round to two decimal places

b the standard deviation for fortfolio B is ____________ round to two decimal places

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