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QUESTION 1 Ausone that you formed a portfolio by investing $10,000 in Ford and $18,000 in IBM. Below is information on three states of nature

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QUESTION 1 Ausone that you formed a portfolio by investing $10,000 in Ford and $18,000 in IBM. Below is information on three states of nature" and the return that you would see over the next year from each security in each state of nature. What will be the expected return for your portfolio? Ford M Probabilly of state 13 1/3 .13 - 12 13 20.1150 1.0.1113 1964 d.0.1122 0.1137

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