A portfolio consists of three stocks. There are 2,000 shares of Stock A valued at $14.91 share, 2,800 shares of Stock B valued at $71.90 per share, and 1,200 shares of Stock C priced at $31.95 per share. Stock A is expected to lose 5.0 percent, while Stocks B, and C are expected to earn 14 percent and 5.5 percent, respectively. What is the expected return on this portfolio? What is the variance of the portfolio?