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The following probability distribution represents the state of the economy and the expected return on four stocks, given the state of the economy. If you

The following probability distribution represents the state of the economy and the expected return on four stocks, given the state of the economy. If you have a portfolio equally invested in each one of these stocks, the expected return on the portfolio is closest to?
\table[[Rate of return if state occurs],[\table[[State of],[Economy]],\table[[Probability of],[State of Economy]],Nvidia,MSFT,Duke,JNJ],[Boom,0.2,0.24,0.18,0.08,0.12],[Normal,0.6,0.12,0.1,0.06,0.08],[Recession,0.2,-0.15,-0.08,0.04,0.02]]
8.06%
7.65%
None of the answers presented are correct
6.45%
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