Two stocks have returns in different states of economy as described in the table below. a. What is the expected return of each stock? b. What are the variance and standard deviation of each stock? c. If you invested $ 1,500 in Orange and $500 in Booble, what is the expected return of your portfolio? d. (bonus question) What are the variance and standard deviation of your portfolio? Recession Recovery Growth Boom Probability 10% 30% 40% 20% 100% Returns Orange Booble 3% -2% 5% 1% 10% 25% 15% 20% Investment $1,500.00 $500.00 Score Maximum Score a. What is the expected return of each stock? Orange Booble Expected return 0 5 b. What are the variance and standard deviation of each stock? 0 5 Variance Standard deviation 5 c. If you invested $ 1,500 in Orange and $500 in Booble, what is the expected return of your portfolio? Orange Booble Portfolio Investment Return II d. (bonus question) What are the variance and standard deviation of your portfolio? 5 Variance Standard deviation