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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 0.04 0.07 -0.09 Bust 0.68 0.11 0.19 -0.14 What is the

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Consider the following information: State Probability Stock A Stock B Stock C Boom 0.32 0.04 0.07 -0.09 Bust 0.68 0.11 0.19 -0.14 What is the expected return of a portfolio that has invested $7,406 in Stock A, $3,022 in Stock B, and $8,632 in Stock C? (Hint: calculate weights of each stock first). Enter the answer with 4 decimals (e.g. 0.1234)

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