You bought shares of stock from Tesla, Target, and Toyota. You feel like every year in the future will be randomly elther "spectacular" or "depressing". State of Economy Spectacular Depressing (Click to select) (Click to select) 16.96% 19.46% Probability of State of Economy 28.99% 31.76% 11.23% (Click to select) 0.66 0.34 Rate of Return if State Occurs Stock of Toyota 0.07 0.17 Requirement 1: If you bought an equally weighted portfolio of Tesla, Target, and Toyota shares, what return would you expect to receive every year on your stock Investment? (Do not round your Intermediate calculations.) Stock of Stock of Tesla Target 0.21 0.29 0.05 0.17

You bought shares of stock from Tesla, Target, and Toyota. You feel like every year in the future will be randomly elther "spectacular" or "depressing". Requirement 1: If you bought an equally weighted portfolio of Tesla, Target, and Toyota shares, what return would you expect to recelve every year on your stock investment? (Do not round your intermecllate calculations.) pect the variance of your portfollo returns to be, If you invested 10 money in Tesla's shares, same proportion in Target's shares, and 80 is shares? (Do not round your Intermedlate calculations.) Requlrement 2 : What do you expect the variance of your portfolio returns to be, If you invested 10 percent of your money in Tesla's shares, same proportion in Target's shares, and 80 percent in Toyota's shares? (Do not round your Intermedlate calculations.)