Consider the following information: Rate of Return if State Occurs State of Probability of Economy Economy Boom Good Poor Bust State of Stock B .40 03 Stock A Stock C .10 .60 .25 05 .35 .16 .01 .12 .27 08 04 09 18 Your portfolio is invested 30 percent each in A and C, and 40 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.) a. 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.) a. Expected return b. Variance c. Standard deviation