3 You are going to make a portfolio consisting of 70% of Lloyds of London Stock and 30 % of Tencent Stock. You also have the following information: of State Probability of State LofL Return Tencent Return Boom 50% 13% 21% Bust 50% 8% 83% What is the expected return for the portfolio? (Answer as a percentage and Round to 2 decimals)