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Juan owns a two - stock portfolio that invests in Falcon Freight Company ( FF ) and Pheasant Pharmaceuticals ( PP ) . Three -
Juan owns a twostock portfolio that invests in Falcon Freight Company FF and Pheasant Pharmaceuticals PP Threequarters of Juan's portfolio value consists of FFs shares, and the balance consists of PPs shares.
Each stock's expected return for the next year will depend on forecasted market conditions. The expected returns from the stocks in different market conditions are detailed in the following table:
tableMarket Condition,Probability of Occurrence,Falcon Freight,Pheasant PharmaceuticalsStrong
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