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Consider the following information: State Probability Stock A Stock B Stock C Boom 0 . 3 2 0 . 0 5 0 . 1 8

Consider the following information:
State Probability Stock A Stock B Stock C
Boom 0.320.050.180.02
Bust 0.680.24-0.060.04
What is the expected return of a portfolio that has invested $13,823 in Stock A, $15,722 in Stock B, and $15,429 in Stock C?(Hint: calculate weights of each stock first). Enter the answer with 4 decimals (e.g.0.1234).

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