Suppose you observe the following situation:

State of the economy	Probability of state of economy	Share ABC rate of return if state occurs	Share XYZ rate of return if state occurs
Recession	0.20	-15%	25%
Normal	0.50	10%	20%
Boom	0.30	50%	10%

Suppose you have $30,000 in total. If you invest $15,000 in Share ABC and the remainder in Share XYZ, what will the expected return on your portfolio be?

	a.	The expected return in your portfolio is 17.5%.
	b.	The expected return in your portfolio is 20%.
	c.	The expected return in your portfolio is 1.35%.
	d.	The expected return in your portfolio is 12%.