Dominic owns a two-stock portfolio that invests in Falcon Freight Company (FF) and Pheasant Pharmaceuticals (PP). Three-quarters of Dominics portfolio value consists of FFs shares, and the balance consists of PPs shares.

Each stocks expected return for the next year will depend on forecasted market conditions. The expected returns from the stocks in different market conditions are detailed in the following table:

Market Condition	Probability of Occurrence	Falcon Freight	Pheasant Pharmaceuticals
Strong	0.50	40%	56%
Normal	0.25	24%	32%
Weak	0.25	-32%	-40%

Calculate expected returns for the individual stocks in Dominics portfolio as well as the expected rate of return of the entire portfolio over the three possible market conditions next year.

	The expected rate of return on Falcon Freights stock over the next year is ____ .
	The expected rate of return on Pheasant Pharmaceuticalss stock over the next year is ______ .
	The expected rate of return on Dominics portfolio over the next year is _______ .