Consider the following information on a portfolio of three stocks: State of Economy Boom Normal Bust Probability of State of Economy 14 55 31 Stock A Stock B Stock C Rate of Return Rate of Return Rate of Return .07 32 .55 .15 25 -16 _35 .17 .16 a. If your portfolio is invested 40 percent each in A and B and 20 percent in C, what is the portfolio's expected return, the variance, and the standard deviation? (Do not round intermediate calculations. Round your variance answer to 5 decimal places, e.g., 32.16161. Enter your other answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. If the expected T-bill rate is 4 percent, what is the expected risk premium on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 11.34% a. Expected retum Variance Standard deviation b Expected risk premium 0.01598 12.64% 0.44%