10.

Consider the following information:

		Rate of Return If State Occurs
State of	Probability of
Economy	State of Economy	Stock A	Stock B	Stock C
Boom		.21		.368	.468	.348
Good		.39		.138	.118	.188
Poor		.29		.028	.038	.093
Bust		.11		.128	.268	.108

Requirement 1:

Your portfolio is invested 29 percent each in A and C and 42 percent in B. What is the expected return of the portfolio?(Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimalplaces(e.g., 32.16).)

Expected return of the portfolio

12.03 %

Requirement 2:

(a)	What is the variance of this portfolio?(Do not roundintermediate calculations.Round your answer to 5 decimal places(e.g., 32.16161).)

Variance of the portfolio

(b)	What is the standard deviation of this portfolio?(Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimalplaces(e.g., 32.16).)

Standard deviation

%

Only need 2 (A) and (B)