Question 8 1 pts Consider the following information: State Probability Stock A Stock B Stock C Boom 0.65 0.09 -0.1 0.04 Bust 0.35 0.26 -5.09 0.08 What is the expected return on an equally weighted portfolio of these three stocks? (Hint: Equally means that each stock has the same weight. Given that there are only 3 stocks, each has a weight of 1/3) Enter the answer with 4 decimals (e.g. 0.1234). Question 9 2 pts Consider the following information: State Probability Stock A Stock B Stock Boom 0.32 -0.14 0 -0.09 Bust 0.68 0.04 0.17 -0.01 What is the expected return of a portfolio that has invested $9.230 in Stock A. $9.285 in Stock B. and $3,338 in Stock C? (Hint: calculate weights of each stock first). Enter the answer with 4 decimals (e.g. 0.1234)