File C/Users/user/Downloads/Exercise Miss Jean Grey is considering the following information: State of economy Probability of Rate of return state of economy Stock Parrot Stock Pelican Stock Pigeon 0.6 -15% 20% 7% 0.4 30% 30% 13% Recession Boom From the above information you are required to answer the questions below. a. Help Miss Jean Grey to calculate the expected rate of return of each stock. (3 Marks) b. Suppose Miss Jean Grey has a total of RM60,000. If she put RM18,000 in Stock Parrot, RM12,000 in Stock Pelican and the remainder in Stock Pigeon, what will be the expected rate of return of her portfolio? (4 Marks) C. Based on the calculation in part (a) and (b), advise Miss Jean Grey on expected rate of return on individual stock compared to portfolio. (3 Marks) (Total: 10 Marks) lenovo