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What is the expected return on a portfolio which is

Question - What is the expected return on a portfolio which is invested 20% in Stock A, 50% in Stock B and 30% in Stock C? Identify all numbers and show all work.

State of Economy	Probability of State of Economy	Returns if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B	Stock C
Boom	20%	18%	9%	6%
Normal	70%	11%	7%	9%
Recession	10%	-10%	4%	13%

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