Consider the following information on a portfolio of three stocks: State ofEconomyProbability ofState of EconomyStock ARate of ReturnStock BRate of ReturnStock CRate of Return Boom.13.10.35.42 Normal.52.18.30.28 Bust.35.19.29 .38 a.If your portfolio is invested 42 percent each in A and B and 16 percent in C, what is the portfolios 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 4.65 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.)