Using the information below, find the risk of a portfolio which invested 50% in asset 1 and 50% in asset 2

State of Probability Return on Return on the economy of state Asset 1 Asset 2 Boom 0.30 20% -5% Normal 0.40 15% 5% Recession 0.30 -10% 10% 4.22% O 7.88% O 5.25% 8.67% % O 6.24%