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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 -0.04 0.22 0.24 Bust 0.68 0.18 -0.11 0.02 What is the

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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 -0.04 0.22 0.24 Bust 0.68 0.18 -0.11 0.02 What is the expected return of a portfolio that has invested $9,246 in Stock A, $9,276 in Stock B, and $5,078 in Stock C? (Hint: calculate weights of each stock first). Enter the answer with 4 decimals (e.g. 0.1234)

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