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The expected return on Big Time Toys is 14 percent and its standard deviation is 23 percent. The expected return on Chemical Industries is 8

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The expected return on Big Time Toys is 14 percent and its standard deviation is 23 percent. The expected return on Chemical Industries is 8 percent and its standard deviation is 25 percent. Suppose the correlation coefficient for the two stocks' returns is 0.6. What are the expected and standard deviation of a portfolio with 70 percent invested in Big Time Toys and the rest in Chemical Industries? Enter your answers as percentages rounded to 2 decimal places. Do not include the percentage sign in your answers. E(rp) = Number Std. Dev. = Number

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