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Consider the following information: (a) What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g.,

Consider the following information:

(a)

What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g., 32.16161).)

Rate of Return If State Occurs
State of Probability of
Economy State of Economy Stock A Stock B Stock C
Boom .15 .362 .462 .342
Good .45 .132 .112 .182
Poor .35 .022 .032 ?.068
Bust .05 ?.122 ?.262

?.102

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