Consider the following information: Rate of Return If State Occurs State of Probability of State of Economy .75 .25 Stock A 08 Stock B Economy Boom Bust Stock C .24 08 05 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, eg.,161616.) a. Expected returrn b. Variance