1) What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.)

2) What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Consider the following information: Rate of Return If State Occurs State of Economy Probability of State of Economy Stock A 36 20 .04 Stock B .46 Stock C 20 .55 20 .05 26 Boom Good Poor Bust .07 -.32 -.06 -.09