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6. You have estimated returns of Twitter and Apple under different economic states. If you create a portfolio (TwitApple) with 50% of your money in

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6. You have estimated returns of Twitter and Apple under different economic states. If you create a portfolio (TwitApple) with 50% of your money in Apple and 50% in Twitter, what is the expected return of your portfolio TwitApple? (Portfolio Expected Return) Probability 0.1 0.2 Economic State Recession Below Average Normal Above Average Boom Rate of return Twitter -40% -20% 10% 40% 60% Apple -15% -5% 8% 16% 20% 0.3 0.3 for tritter

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