2) Probability Occurrence Stock A Stock B Portfolio Returns States Returns Returns 50% A, 50% B Boom 25% 5% -2% Average 50% 2% -1% .... Depression 25% -5% 6% Assume a two-stock portfolio is created with 50% invested in stock A and 50% invested in stock B. Calculate the portfolio returns in each state. i. Calculate the expected rate of returns for Stock A, Stock B, and the Portfolio. ii. Calculate the standard deviations for Stock A, Stock B, and the Portfolio