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State of the Economy Probability Goldcorp Enzo Biochem Strong Growth0.20 30%40% Moderate Growth0.50 10%10% Recession0.30-10%-10% Now, form a portfolio with $60,000 invested in Goldcorp and

State of the EconomyProbabilityGoldcorpEnzo Biochem

Strong Growth0.20 30%40%

Moderate Growth0.50 10%10%

Recession0.30-10%-10%

Now, form a portfolio with $60,000 invested in Goldcorp and $40,000 invested in Enzo Biochem.

What's the standard deviation of expected returns for the portfolio?

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