Pls show complete steps and explanation the formula used Tyler owns a two-stock portfolio that invests in Blue Llama Mining Company (BLM) and Hungry Whale Electronics(HWE). Three-quarters of Tyler's portfolio value consists of BLM's shares, and the balance consists of HWE's shares.Each stock's expected return for the next year will depend on forecasted market conditions. The expected returnsfrom the stocks in different market conditions are detailed in the following table:Market ConditionStrongNormalWeakProbability of Occurrence Blue Llama Mining Hungry Whale Electronics20%15%35%9%45%-12%●21%12%-15%Calculate expected returns for the individual stocks in Tyler's portfolio as well as the expected rate of return of theentire portfolio over the three possible market conditions next year.The expected rate of return on Blue Llama Mining's stock over the next year isThe expected rate of return on Hungry Whale Electronics's stock over the next year is• The expected rate of return on Tyler's portfolio over the next year is

The expected rate of return is a calculated estimate of the average gain or loss that an investment…

Tyler owns a two-stock portfolio that invests in Blue Llama Mining Company (BLM) and Hungry Whale Electronics (HWE). Three-quarters of Tyler's portfolio value consists of BLM's shares, and the balance consists of HWE's shares. Each stock's expected return for the next year will depend on forecasted market conditions. The expected returns from the stocks in different market conditions are detailed in the following table: Market Condition Probability of Occurrence Blue Llama Mining Hungry Whale Electronics 20% 15% 21% 35% 9% 12% 45% -12% -15% Strong Normal Weak Calculate expected returns for the individual stocks in Tyler's portfolio as well as the expected rate of return of the entire portfolio over the three possible market conditions next year. . • The expected rate of return on Blue Llama Mining's stock over the next year is • The expected rate of return on Hungry Whale Electronics's stock over the next year is The expected rate of return on Tyler's portfolio over the next year is