Consider the following information: Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy 0.74 0.26 Stock A 0.27 0.07 Stock B 0.09 0.19 Stock C 0.15 -0.09 Requirement 1: What is the expected return on an equally weighted portfolio of these three stocks? (Do not round your intermediate calculations.) (Click to select) Requirement 2: What is the variance of a portfolio invested 10 percent each in A and B and 80 percent in C? (Do not round your intermediate calculations.) (Click to select) You own a stock portfolio Invested 30 percent in Stock Q, 20 percent In Stock R, 15 percent in Stock S, and 35 percent in Stock T. The betas for these four stocks are 1.64, 0.97, 1.57, and 0.6, respectively. What is the portfolio beta? 01.07 1.11 1.13 1.15 1.19