Consider the following information on a portfolio of three stocks: State of Economy Boom Normal Bust Probability of State of Economy .25 .60 .15 Stock A Rate of Return .02 .10 .16 Stock B Rate of Return .32 .12 Stock C Rate of Return .60 .20 -.35 -11 Required: (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) and input the other answers as a percentage rounded to 2 decimal places (e.g., 32.16).) % Expected return Variance Standard deviation % (b) If the expected T-bill rate is 3.75 percent, what is the expected risk premium on the portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Expected risk premium %