Given the following information, what is the expected return on a portfolio that is invested 30 percent in both Stocks A and C, and 40 percent in Stock B? Rate of Return if State Occurs: State of Economy Probability of State Occurring Stock A (%) Stock B (%) Boom 0.00 15.6 132 129 Normal 0.87 Recession 0.05 9.44 percent 11.3 percent 10.69 percent 9.2 percent 8.78 percent