2 Consider the following information: Rate of Return If State Occurs 1 points Stock A Stock B Stock C State of Economy Boom Good Poor Bust Probability of State of Economy 25 .50 20 .05 27 .37 .21 -05 -15 -47 .18 -08 -33 .12 -.05 -10 a. Your portfolio is invested 25 percent each in A and C, and 50 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What is the variance of this portfolio? (Do not round Intermediate calculations and round your answer to 5 decimal places, e.g., .32161.) b-2. What is the standard deviation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. Expected return 16.06 % Variance 3.15000 b- 1. b- 2 Standard deviation 17.75 %