CDM wealth management [CDM] Pty Ltd is evaluating the prospects of a portfolio comprised of a ABC and DEF stock. Mr. John Smith, an analyst for CDM constructed the following forecast of the prospects of the two stocks over the coming year.

	State of economy
	Strong	Average	Weak
Probability of the state occurring	25%	50%	25%
ABC return	20%	10%	-5%
DEF return	-15%	12%	20%

What will be the expected return of an equally weighted portfolio comprised of ABC and DEF stock?