.70 1. Consider the following information on a portfolio of three stocks: State of Probability of Rate of Return in Percent Economy State Occurring Stock A Stock B Stock C Boom 20 7 15 25 Normal 10 11 12 Bust 10 8 1 --18 a. What is the expected return on Stock A b. What is the expected return on Stock B c. What is the expected return on Stock C The portfolio is invested 40 percent each in Stock A and Stock B, and 20 percent in Stock C d. What is the expected return on the portfolio in a boom? e. What is the expected return on the portfolio in a normal economy? f. What is the expected return on the portfolio in a bust? g. What is the overall expected return on the portfolio