Consider the following information on a portfolio of three stocks:

State of Economy	Probability of State of Economy	Stock A Rate of Return	Stock B Rate of Return	Stock C Rate of Return
Boom	.12	.09	.34	.53
Normal	.53	.17	.19	.27
Bust	.35	.18	.18	.37

If your portfolio is invested 36 percent each in A and B and 28 percent in C, what is the portfolios expected return, the variance, and the standard deviation?

Note: Do not round intermediate calculations. Round your variance answer to 5 decimal places, e.g., .16161. Enter your other answers as a percent rounded to 2 decimal places, e.g., 32.16.

If the expected T-bill rate is 4.1 percent, what is the expected risk premium on the portfolio?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.