Consider the following information:

Consider the following information:

Rate of Return if State occurs

State of economy	Probability of State of economy	Stock A	Stock B	Stock C
Boom	0.17	0.364	0.464	0.344
G0od	0.43	0.134	0.114	0.184
Poor	0.33	0.024	0.034	-0.089
Bust	0.07	-0/124	-0.264	0.104

Requirement 1:

Your portfolio is invested 28 percent each in A and C and 44 percent in B. What is the expected return of the portfolio?

Requirement 2:

(a)

What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g., 32.16161).) b)What is the standard deviation of this portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)