An analyst expects to see only 3 possible economy conditions next year: recession (prob: 22\%), normal (prob: 48% ), and boom (prob: 30% ). The portfolio that the analyst is managing will yield 12% return in recession, 14% return in normal, and 33% return in boom. What is the expected return of the portfolio? 1) 0.1458 2) 0.1138 3) 0.1258 4) 0.1398