Consider the following information: Rate of Return if State Occurs Stock A 40 Probability of State State of Economy of Economy Boom .15 Good .60 Poor 20 Bust .05 16 Stock B .50 .10 -05 - 25 Stock C 30 .09 -.03 -.11 -02 -.18 a. Your portfolio is invested 25 percent each in A and C, and 50 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) b-2. What is the standard deviation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. Expected return 11.30 % b-1. Variance 0.02238 b-2. Standard deviation 14.96 % Consider the following information: Rate of Return if State Occurs Stock A 40 Probability of State State of Economy of Economy Boom .15 Good .60 Poor 20 Bust .05 16 Stock B .50 .10 -05 - 25 Stock C 30 .09 -.03 -.11 -02 -.18 a. Your portfolio is invested 25 percent each in A and C, and 50 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) b-2. What is the standard deviation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. Expected return 11.30 % b-1. Variance 0.02238 b-2. Standard deviation 14.96 %