Consider the following information: Rate of Return if State Occurs Probability of State State of Economy of Economy Stock A Stock B Stock C Boom .20 .38 .48 .28 Good .50 .14 .19 .12 Poor .20 -.05 -.08 -.06 Bust .10 -.19 -.23 -.09 a. Your portfolio is invested 22 percent each in A and C, and 56 percent in B. Wh the expected return of the portfolio? (Do not round intermediate calculations 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 a round your answer to 5 decimal places, e.g., .16161.) b-2. What is the standard deviation? (Do not round intermediate calculations and e your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. a. Expected return b-1. Variance b-2. Standard deviation 13.18 2.79100 x % 16.70%