Answer both questions please!

4.

State of Economy	Probability of State of Economy	Security Returns if State Occurs
Roll	Ross
Bust	0.50	12%	18%
Boom	0.50	25	6

Calculate the expected returns for Roll and Ross by filling in the following table:

Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Calculate the product using the decimal value of the probability and the percentage value of the return. Input all your answers as a percent rounded to 2 decimal places.

State of Economy	Probability of State of Economy	Security Returns if State Occurs
Roll	Ross
Bust	0.30	-11%	12%
Boom	0.70	29%	5%

5. Calculate the expected return on a portfolio of 50 percent Roll and 50 percent Ross by filling in the following table:

Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.

Problem 11-6 Portfolio Expected Returns (LO2, CFA2) Calculate the expected return on a portfolio of 50 percent Roll and 50 percent Ross by filling in the following table: Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places