1. What are the portfolio weights for a portfolio that has 120 shares of Stock A that sell for $30 per share and 100 shares of Stock B that sell for $20 per share? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)
2. Consider the following information:
State of Economy Probability of
State of Economy Portfolio Return
If State Occurs
Recession .27 ? .12
Boom .73 .22
Calculate the expected return. (Do not round intermediate calculations.