Check my work Problem 11-18 Portfolio Analysis (LO2) Consider the following scenario analysis: Rate of Return Probability Stocks Bonds Scenario Recession 0.3 - 5% 12% Normal economy 0.6 13 Boom 0.1 24 Assume a portfolio with weights of 0.60 in stocks and 0.40 in bonds. a. What is the rate of return on the portfolio in each scenario? (Enter your answer as a percent rounded to 1 decimal place.) Rate of Return Recession Normal economy Boom