Carter Philippli Attempt 1 If your portfolio is invested 20 percent in A, 30 percent in B, and 50 percent in C, what is the portfolio's expected return and the variance? Probability of State of Economy State of Economy Stock A Return (96) Stock B Return (96) Stock C Return (%) 0.14 Boom 596 35% 47% Normal 0.52 13% 25% 2396 Recession 0.34 19% -38% -24% A) Expected Return - 8.52% and Variance - 0.22632 OB) Expected Return = 8.52% and Variance = 0.27648 C) Expected Return = 10.17% and Variance = 0.03045 OD) Expected Return - 10.17% and Variance-0.17450 E) Expected Return-8.52% and Variance -0.05122