SGW Probability ZPH Probability Return Return State of the economy Recession Recovery Expansion Boom 0.1 0.4 -6% 2% 8% 14% -8% 3% 9% 16% 0.1 0.4 0.3 0.2 0.3 0.2 If the portfolio in question 14 is made up of 30% of SGW shares and the remainder is made up of ZPH shares, what is the expected return on the portfolio? 2.12% B) 6.03% C) 4.46% D) 8.69% E 7.84%