The expected return of Culver is 14.8 percent, and the expected return of Larkspur is 22.8 percent. Their standard deviations are 9.8 percent and 22.8 percent, respectively, and the correlation coefficient between them is zero.

a- What is the expected return and standard deviation of a portfolio composed of 30 percent Culver and 70 percent Larkspur? Round intermediate calculations to 6 decimals, final answers to 2.

b- What is the expected return and standard deviation of a portfolio composed of 70 percent Culver and 30 percent Larkspur? Round intermediate calculations to 6 decimals, final answers to 2.

c- Would a risk-averse investor hold a portfolio made up of 100 percent of Culver?