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Invests 70% of your money in Hamburger Hut and 30% of your money in Pizza King. The expected returns for these companies depends on the

Invests 70% of your money in Hamburger Hut and 30% of your money in Pizza King. The expected returns for these companies depends on the economy, and are as follows:

 

Economy      Probability     HamburgerHut     PizzaKing

Strong           25%                8%                           2%

Normal          50%                6%                          5%

Weak             25%                4%                          10%

 

What is the expected return and standard deviation of returns for your portfolio?

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