1. Your current portfolio consists of three stocks. Each stock has equal weight in the portfolio. Next years possible returns for these stocks and their probabilities of occurring are listed in the table below.

Calculate:

a. The possible portfolio returns

b. The expected portfolio return

c. The portfolio standard deviation

Possible Returns Probabilities Volcom Coca-Cola Google 15% 49% 69% 4% 55% 30% 10% 13% 90%