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Consider the following information: State Probability Stock A Stock B Stock C Boom 0 . 3 2 - 0 . 1 3 - 0 .

Consider the following information:
State Probability Stock A Stock B Stock C
Boom 0.32-0.13-0.050.02
Bust 0.68-0.04-0.10.16
What is the expected return of a portfolio that has invested $10,688 in Stock A, $1,933 in Stock B, and $17,377 in Stock C?(Hint: calculate weights of each stock first). Enter the answer with 4 decimals (e.g.0.1234).

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