The table below shows the expected rates of return for three stocks and their weights in some portfolio:

		Stock A	Stock B	Stock C
	Portfolio weights	0.3	0.2	0.5
State	Probability		Expected returns
Recession	0.2	0.08	0.03	0.14
Boom	0.8	0.13	0.05	0.15

1. What is the portfolio return during a recession?

2. What is the expected portfolio return?

3. What is the standard deviation of the portfolio returns?