An investment firm is considering a portfolio with equal weighting in a cyclical stock and a countercyclical stock. It is expected that there will be three economic states; Good, Average and Bad, each with equal probabilities of occurrence. The cyclical stock is expected to have returns of 14%, 1% and 1% in Good, Average and Bad economies respectively. The countercyclical stock is expected to have returns of -7%, 3% and 15% in Good, Average and Bad economies respectively. Given this information, calculate portfolio variance. Express as a decimal to 5 decimal places