Consider the following information: Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy 0.76 0.24 Stock A 0.21 0.15 Stock B 0.09 0.13 Stock C 0.11 0.05 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)