(Estimated time allowance: questions below. State of Prob. of the Rate of return if state occurs Stock Stock B state of economy the economy 0.40 0.15 0.02 Boom 0.05 0.02 0.60 Bust Excel file here You MUST use 4 digits in every calculation you do in order for your answer to be the same as the one in the system. Enter answer using 4 decimals. Do not use or enter the %. For example, if your answer is 3.48% enter 0.035; if your answer is 0.12013 then enter 0.1201 What is the expected return of a portfolio with 80% in stock A and 20% in stock B? A What is the variance of the portfolio with 80% in stock A and 20% in stock B? A Page 5 of 2