Based on the probability distributions of returns for stocks S and T below, what is the expected return of a portfolio that has $8,000 invested in S and $2,000 invested in T? Probability of Return if State Occurs State of Economy State of Economy Stocks Stock T Boom 25% 30% 15% Normal 50% 15% 10% Recession 25% -10% 13% The risk-free rate is 6% and the market portfolio's return is 14%. What is the required return of the portfolio if betas of its two components, S and T, are 0.6 and 1.3, respectively? Does the portfolio represent a good investment? Why or why not