Calculate the expected return on a portfolio which is invested 23 percent in stock A. 47 percent in stock B, and the remainder in stock C? SHOW ANSWER IN % OUT TO 3 PLACES X.XXX% Returns if State Occurs Probability State of Stock Stock Stock of Economy State of A B C Economy Boom 5% 18% 8% 7% Normal 52% 10% 9% 12% Recession 43% -27% 4% 22% Edit View Insert Format Tools Table