5. Consider the following information:

State of Economy	Probability of State of Economy			Portfolio Return if State Occurs
Recession		0.19		?	0.15
Normal		0.55			0.16
Boom		0.26			0.24

Calculate the expected return. (Round your answer to 2 decimal places. (e.g., 32.16))

6. Consider the following information:

				Rate of Return If State Occurs
State of	Probability of
Economy	State of Economy			Stock A			Stock B
Recession		0.15			0.04		?	0.15
Normal		0.61			0.07			0.14
Boom		0.24			0.12			0.31

Calculate the expected return for the two stocks. (Round your answers to 2 decimal places. (e.g., 32.16))

Calculate the standard deviation for the two stocks. (Do not round intermediate calculations andround your final answers to 2 decimal places. (e.g., 32.16))

7. Consider the following information:

				Rate of Return if State Occurs
State of	Probability of
Economy	State of Economy			Stock A			Stock B			Stock C
Boom		0.10			0.34			0.44			0.24
Good		0.60			0.19			0.15			0.08
Poor		0.25		?	0.01		?	0.09		?	0.07
Bust		0.05		?	0.15		?	0.19		?	0.11

a.

Your portfolio is invested 25 percent each in A and C, and 50 percent in B. What is the expected return of the portfolio? (Round your answer to 2 decimal places. (e.g., 32.16)) b. What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places. (e.g., 32.16161)) c. What is the standard deviation? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) 8. You own a stock portfolio invested 25 percent in Stock Q, 20 percent in Stock R, 35 percent in Stock S, and 20 percent in Stock T. The betas for these four stocks are 0.90, 1.23, 1.07, and 1.25, respectively. What is the portfolio beta? (Round your answer to 2 decimal places. (e.g., 32.16)) *************I realize my response grade is very low, and that is because after selecting the stars for best answer for previous questions answered I was unaware/did not see the submit button at the bottom. As a result my ratings were not saved. I am familiar with the website now, and promise to rate answers immediately upon response. My sincerest apologies to previous experts who were not rated for answers provided.