CH 13 Question 4 (of 4 value 0.00 points Consider the following information Rate of Return if State Occurs State of Economy Boom Bust Probability of State of EconomyStock A 0.15 0.14 055 0 45 Stock B 0.22 0.04 Stock C 0.42 - 0.05 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Expected return b. What is the variance of a portfolio invested 24 percent each in A and B and 52 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places. (e.g 32.161616)) nande References eBook & Resources Worksheet Difficulty Basic w Esc SC F2 F3 F4 F5 F6 F7