6.66 points Consider the following information about three stocks Rate of Return If State Occurs Probability of State of Economy State of Economy Boom Normal Bust Stock C 50 20 -.42 Stock A Stock B 20 .40 .40 34 .25 03 46 23 -.25 a-1 If your portfolio is invested 35 percent each in A and B and 30 percent in C, what is the portfolio expected return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 9.6 % Portfolio expected return a-2 What is the variance? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.) Variance