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Question 10 You want to invest your money on three stocks of Toyota, Boeing, and Microsoft by constructing your own portfolio 30% your investment is

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Question 10 You want to invest your money on three stocks of Toyota, Boeing, and Microsoft by constructing your own portfolio 30% your investment is on Toyota, 30% on Boeings and 40% on Microsoft According to your investigation on stocks and economic condition, expected return on each stock by economic state of nature is as follows: PROBABILITY BOEING RETURN STATE OF ECONOMY BOOM ABOVE NORMAL TOYOTA RETURN 18% MICROSOFT RETURN 05 23 02 6% NORMAL 0.3 13% 10% 1 12% (1) What is the expected rate of return for this portfolio? (2) What is the standard deviation for this portfolio Round up your answer to TWO decimals in %

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