5) We have a portfolio that is invested 70% in Asset A and 30% in Asset B. Assume the following State of the Econ. Probability Exp.Ret (Asset A) Exp. Ret (Asset B) 2% Recession Expansion 40% 60% -4% 16% 6% Calculate the Return of the portfolio under each of the given states of the economy State of the Econ.Probability Return of the Portfolio containing 70% in A and 30% in B Recession Expansion 40% 60% -2.2 13 % -4(170) +2(.30-F2.2 % 166,70)+(1.30)=113 6 40 (-0.022) + 600 What is the overall Expected return of the portfolio? Expected Return on the Portfolio = _ T1092 What is the standard deviation of the $10,000 portfolio? Standard Deviation of the $10,000 portfolio =