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	.13	.06	.36	.46
Normal	.51	.14	.26	.24
Bust	.36	.20	.25	.39

a.	If your portfolio is invested 44 percent each in A and B and 12 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 4.45 percent, what is the expected risk premium on the portfolio?

Consider the following information on a portfolio of three stocks: State of Probability of State of Economy 13 Economy Boom Normal Bust Stock A Stock B Stock C Rate of Return Rate of Return Rate of Return 46 .14 .26 .24 20 -39 .06 10 -51 points .36 - 25 8 01:17:37 References a. If your portfolio is invested 44 percent each in A and B and 12 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 4.45 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.) Expected return Variance Standard deviation Expected risk premium