Problem solving 1 (10 points State of Economy Probability of State of Economy + Boom Normal 35% 65% Returns if State Occurs Stock Q Stock R 18% -3% 9% 5% it will You have a portfolio that is invested 60 percent in stock Q and 40 percent in stock R. a). What is the expected return for Stock Q? I b). What is the standard deviation of Stock Q? c). What is the expected return of the portfolio that is invested 60 percent in stock Q and 40 percent in stock R