What is the expected return on a portfolio that is invested 25 percent in stock A, 55 percent in stock B, and the remainder in stock C?

State of Economy	Probability of State of Economy	Rate of Return if State Occurs
		Stock A	Stock B	Stock C
Boom	5%	19%	9%	6%
Normal	45	11	8	13
Recession	50	-23	5	25

rev: 12_10_2015_QC_CS-35939

5.93 percent

2.38 percent

2.99 percent

6.10 percent

-1.06 percent