Suppose you have a 3-asset portfolio (portfolio P) that is invested 25% in Asset 1, 60% in Asset 2 and 15% in Asset 3. Use the table below to calculate the expected return, expected standard deviation and expected coefficient of variation of your portfolio P.

State of Economy	Probability of state of economy	Rate of return if state occurs
Asset1	Asset2	Asset3
Economic boom	10%	28%	40%	15%
good growth	25%	22%	25%	10%
poor growth	45%	-7%	0%	5%
recession	20%	2%	-15%	0%