Consider the following information on a portfolio of three stocks. If your portfolio is invested 40 percent each in stock A and B, and 20 percent in stock C, what is the expected return, variance and standard deviation of the portfolio?

	State	Probability	Stock A	Stock B	Stock C
	Boom	0.15	0.04	0.33	0.55
	Normal	0.60	0.09	0.13	0.19
	Bust	0.25	0.15	(0.14)	(0.28)
	weights		0.40	0.40	0.20

State	Probability	Portfolio Return	Product	Return Deviation	Squared Deviation	Product
Boom
Poor
Bust
Expected Return: E(R) =
Variance =
Standard Deviation =