6 FIGUICI PRED Deviatio Consider the following information: 3 Rate of Return if State Occurs ints State of Economy Probability of State of Economy Stock A Stock B Stock C Boom .35 .20 .41 .25 Good .25 .11 16 .15 Poor .20 Bust .20 -.03 -.17 -.13 -.02 -.20 -11 a. Your portfolio is invested 30 percent each in Stocks A and C and 40 percent in Stock B. What is the expected return of the portfolio? Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Expected return 15.20 b-1. What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places.) Answer is complete but not entirely correct. Variance 42.00000