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please show steps 1. A: The stocks of Apple and Amazon have the following expected returns: Probability of State Apple's Return if Amazon's Return State

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1. A: The stocks of Apple and Amazon have the following expected returns: Probability of State Apple's Return if Amazon's Return State of Economy of Economy State Occurs if State Occurs Recession 55% -9% -12% Normal 30% 8% 11% Boom 15% 17% 14% Which company's stock is riskier, based on standard deviation? (20 points) B: If you have 120 shares of Apple's common stock ($171.05 per share) and 90 shares of Amazon's common stock ($1162.35 per share) in your portfolio, what is the expected return on your portfolio? (15 points)

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