1. You are given the following information on the economy and three stocks. Probability State of the Economy Boom Normal Recession Return on Asset Return on A Asset B .15 .03 .09 .07 -.01 .15 .45 .25 a) What is the expected return and standard deviation of Asset A? b) What is the expected return and standard deviation of Asset B? c) What is the covariance and correlation between assets A & B? d) If you have a portfolio with 55% of your wealth invested in asset A, and 45% of your wealth invested in asset B what is the expected return and standard deviation of your portfolio