You decided to invest money into a portfolio of two stocks, Snapchat and Groupon. There are two possibilities for what you can earn on each of these two stocks next year, the so-called "thumbs up" state and the so-called "thumbs down" state. The details are in the table below: Proportion of money invested into Snapchat stock = 25% Snapchat clipart Proportion of money invested into Groupon stock = 75% Groupon clipart State of the economy Probability of the state of the economy Snapchat stock's return in each state of the economy Groupon stock's return in each state of the economy "Thumbs up" state 70% 57% 20% "Thumbs down" state 30% 5% 29% Calculate the expected return on your portfolio next year.