Consider the following information: Rate of Return if State Occurs State of Probability of State of Economy Economy Stock A Stock C Stock B .40 .10 .60 .17 .08 Boom Good Poor Bust .25 .05 09 a. 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.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations ang 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. % Expected return Variance Standard deviation 10.51 0.01442 12.01