Use the information in the table to calculate the expected return and standard deviation of an equally-weighted portfolio. $$\begin{array} { | l | c | c | c | c | }
\hline & &&{ \text { Investment Asset } } \
\hline \begin{array} { c }
\text { States of the } \
\text { Economy }
\end{array} & \begin{array} { c }
\text { Probabilities of States } \
\text { of the Economy }
\end{array} & \text { Asset A } & \text { Asset B } & \text { Asset C } \
\hline \text { Boom } & 20 \% & 10 \% & 20 \% & - 10 \% \
\hline \text { Steady } & 30 \% & 8 \% & 10 \% & 2 \% \
\hline \text { Bust } & 50 \% & 4 \% & 0 \% & 18 \% \
\hline
\end{array}$$

Question

Use the information in the table to calculate the expected return and standard deviation of an equally-weighted portfolio. $$\begin{array} { | l | c | c | c | c | } 
\hline  & &&{ \text { Investment Asset } } \
\hline \begin{array} { c } 
\text { States of the } \
\text { Economy }
\end{array} & \begin{array} { c } 
\text { Probabilities of States } \
\text { of the Economy }
\end{array} & \text { Asset A } & \text { Asset B } & \text { Asset C } \
\hline \text { Boom } & 20 \% & 10 \% & 20 \% & - 10 \% \
\hline \text { Steady } & 30 \% & 8 \% & 10 \% & 2 \% \
\hline \text { Bust } & 50 \% & 4 \% & 0 \% & 18 \% \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Use the information in the table to calculate the expected return and standard deviation of an equally-weighted portfolio. $$\begin{array} { | l | c | c | c | c | } 
\hline  & &&{ \text { Investment Asset } } \
\hline \begin{array} { c } 
\text { States of the } \
\text { Economy }
\end{array} & \begin{array} { c } 
\text { Probabilities of States } \
\text { of the Economy }
\end{array} & \text { Asset A } & \text { Asset B } & \text { Asset C } \
\hline \text { Boom } & 20 \% & 10 \% & 20 \% & - 10 \% \
\hline \text { Steady } & 30 \% & 8 \% & 10 \% & 2 \% \
\hline \text { Bust } & 50 \% & 4 \% & 0 \% & 18 \% \
\hline
\end{array}$$

Use the Information in the Table to Calculate the Expected