Homework #10 (Ch.13) CBack This window shows your responses and what was marked correct and incorrect from your previous at You bought shares of stock from Tesla, Target, and Toyota. You feel like every year in the future will be randomly either "spectacular" or "depressing Rate of Return if State Occurs Stock points awarded Economy State of State of Economy Tesla Target Probability of Stock of Stock of of Spectacular Depressing 0.68 0.32 0.07 0.13 0070190.11 Scored Requirement 1: If you bought an equaly weighted portfolio of Tesla, Target, and Toyota shares, what return would you expect to receive every year on your stock investment? (Do not round your intermediate calculations.) (6.60%) O Requirement 2: What do you expect the variance of your portfolio returns to be, if you invested 30 percent of your money in Tesla's shares, same proportion in Target's shares, and 40 percent in Toyota's shares? (Do not round your intermediate calculations.) 0003501