a portfolio has 40% invested in asset 1 50% invested in asset 2 and

I. [5 pts] A portfolio has 40% nvested in Asset l, 50% invested in Asset 2 and 10% invested in Asset 3. Asset 1 has a beta of 1.2, Asset 2 has a beta of 0.8 and Asset 3 has a beta of 1.8, what's the beta of the portfolio? 2. [5 pts] Exhibit 2 Outcome Recession Expansion Probability 25% 40% 35% Return -30% 15% 55% Boom Given Exhibit 2, what is the expected return