Consider the following information . State Probability X . Boom 25 15% 10% . Normal 60 10% 9% Recession 15 5% 10% What is the expected return for a portfolio with an investment of $6,000 in asset X and $4,000 in asset Z? N Wellwood Construction Ltd. is one of the largest infill companies in Alberta. Due to the recent economic turndown caused during the pandemic, they are planning on shutting down a few projects. Details of the three main projects are described below: Project 1-initial investment: 500k, 2 year period, which produces 800 k in the first year, and 400 K in the second year, and a target rate of return of 5% Project 2- initial investment: 500k, 2 year period, which produces 400 k in the first year, and 800 K in the second year, and a target rate of return of 5% Project 3-initial investment: 500k, 2 year period, which produces 400 k in the first year, and 800 K in the second year, and a target rate of return of 3% Which project do you think the company needs to shut down? Select one: O a. Project 1 b. Project 3 c. Project 2