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You have $11,400 to invest. You decide to invest $ 16,000 in Google and short sell $4,600 worth of Yahoo! Google's expected return is 12%

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You have $11,400 to invest. You decide to invest $ 16,000 in Google and short sell $4,600 worth of Yahoo! Google's expected return is 12% with a volatility of 31% and Yahoo!'s expected return is 11% with a volatility of 28%. The stocks have a correlation of 0.93. What is the expected return and volatility of the portfolio? The expected return is %. (Round to one decimal place.) The volatility is %. (Round to one decimal place.)

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