Consider the following Information: Rate of Return If State Occurs Stock A Stock B Stock C State of Economy Boom Bust Probability of State of Economy 60 40 9 00 08 -.09 2. What is the expected return on an equally welghted portfolio of these three stocks? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the variance of a portfolio Invested 24 percent each In A and B and 52 percent in C? (Do not round Intermedlate calculatlons and round your answer to 6 decimal places, e.g., 161616.) b. Variance