3. Statisticalmeasures of standalone risk Suppose Shen owns a two-stock portfolio that invests in Happy Dog Soap Company (HDS) and alack Sheep Brosdcasting (B5B). Three-quarters of Shen's portfolio value consists of Happy Dog Soap's shares, and the remaining balance consists of Black Sheep Broadcasting's shares. Each stock's expected return for the next year will depend on forecasted market conditions, The expected returns from the stocks in tferent market. conditions are detalled in the following table: Caiculate the expected returns for the individual spocks in shen's portfolio as well as the expected rate of return of the entire portfolio over the three possible market conditions next year. - The expected rate of return on Happy Dog Soap's stock over the next year is - The expected rate of return on Baack Sheep Broadcasting's stock over the next year is . The expected rate of return on Shen's portfolio over the next year is