1. There are two economy situations and three stocks. Information is as follows. Stock A 5% 10% Stock B 096 2% Stock C 20% 30% Economy 0,3 0.7 Recession Boom a. What are the expected returns for stock A, B, and C, respectively? b. What is the standard deviation/ risk for stock A? c. What is the portfolio return given that you have $10,000 and allocate $3,000 in stock A $5,000 in stock B and rest in stock C? (Portfolio risk is smaller than weighted average risk of individual stocks thanks for the diversification)