PLEASE ANSWER ALL THREE QUESTIONS PLEASE. ( for final answers, round to the nearest 4 decimal places.)

1. There is a 21.70% probability of a below-average economy and a 78.30% probability of an average economy. If there is a below-average economy stocks A and B will have returns of .20% and 4.80%, respectively. If there is an average economy stocks A and B will have returns of 19.10% and 3.90%, respectively. Compute the:

a) expected return for Stock A. b) expected return for stock B.

c) standard deviation for Stock A. c) standard deviation for stock B

2) There is a 32.80% probability of an average economy and a 67.20% probability of an above average economy. You invest 39.50% of your money in Stock S and 60.50% of your money in Stock T. In an average economy the expected returns for stock S and Stock T are 8.60% and 5.90%, respectively. In an above average economy the expected returns for stock S and T are 35.80% and 15.90%, respectively. What is the expected return for this two stock portfolio.

3)You are invested 19.90% in growth stocks with a beta of 1.77, 29.30% in value stocks with a beta of 1.48, and 50.80% in the market portfolio. What is the beta of your portfolio?