Your investment advisor believes that recent stock returns should be given more consideration when calculating future returns and risk than older returns. The historical returns for Lately Lighthouse, Inc. are given in the table below, along with the weights that your advisor believes are appropriate. Use the corresponding weights in all calculations. Year Lately Stock Weight 2012 11.90 % 5 % 2013 13.21 % 15 % 2014 8.25 % 20 % 2015 10.72 % 25 % 2016 7.85 % 35 % a. What is the expected return for Lately Lighthouse, Inc.? (Enter your answer as a percent rounded to two decimal places.) b. What is the standard deviation of returns for Lately Lighthouse, Inc.? (Enter your answer as a percent rounded to two decimal places.)