Consider the following information:

		Rate of Return if State Occurs	Rate of Return if State Occurs	Rate of Return if State Occurs
State of Economy	Probability of Sate of Economy	Stock A	Stock B	Stock C
Boom	.72	.06	.11	.17
Bust	.28	.19	-.04	.23

A) What is the expected return of a portfolio invested 30 percent each in Stocks A and B and the remainder in Stock C?

B) What is the standard deviation of the portfolio?