State of Economy	Probability of State of Economy	Return of Stock A if State Occurs	Return of Stock B if State Occurs
Recession	0.30	-0.10	0.08
Normal	?	0.20	0.15
Boom	0.20	0.30	0.20

1. Suppose you have $100,000 total. If you put $30,000 in Stock A and the remainder in Stock B, what are the portfolio returns in each state?

2. Suppose you have $100,000 total. If you put $30,000 in Stock A and the remainder in Stock B, what will be the expected return of your portfolio?

3. Suppose you have $100,000 total. If you put $30,000 in Stock A and the remainder in Stock B, what will be the standard deviation of your portfolio?