The stock of Jones Trucking is expected to return $15$ percent annually with a standard deviation of $5$ percent. The stock of Bush Steel Mills is expected to return $16$ percent annually with a standard deviation of $8$ percent. The correlation between the returns from the two securities has been estimated to be $+0\mathrm{.}2.$ The beta of the Jones stock is $0\mathrm{.}9,$ and the beta of the Bush stock is $1\mathrm{.}2.$ The risk$-$free rate of return is expected to be $7$ percent, and the expected return on the market portfolio is $15$ percent. The current dividend for Jones is $$3.$ The current dividend for Bush is $$5.$

a$.$ What is the expected return from a portfolio containing the two securities if $30$ percent of your wealth is invested in Jones and $70$ percent is invested in Bush? Round your answer to one decimal place.

$\%$

b$.$ What is the expected standard deviation of the portfolio of the two stocks? Round your answer to two decimal places. $\%$

c$.$ Which stock is the better buy in the current market? Round your answers to one decimal place, Required return $($Jones$)$: $\%$

Required return $($Bush$)$: $\%$

The I stock is the better buy because the expected return is $-$select$-$ than the required return.