Consider the following information on two stocks: P(State) Stock A Stock...
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Finance
Consider the following information on two stocks:
P(State)
Stock A
Stock B
Boom
10%
25%
-5%
Growth
20%
15%
-5%
Normal
30%
10%
25%
Slow
20%
8%
10%
Bust
20%
-5%
5%
Suppose you invest $30,000 into stock A, and $40,000 into stock B. Calculate the variance of the portfolio. (Enter percentages as decimals and round to 4 decimals)
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