1. What are the portfolio weights for a portfolio that has 170 shares of Stock A that sell for $91 per share and 145 shares of Stock B that sell for $110 per share? (ROund to four decimal places.)
2. Consider the following information: State of Economy Probability of State of Economy Portfolio Return If State Occurs Recession .26 − .16 Boom .74 .21 Calculate the expected return. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return %