Consider the following information: Rate of Return If State Occurs Probability of State of Economy State of Economy Boom Stock B .22 .04 Stock A Stock C 15 42 Eies .45 Bust 14 -.05 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations.Enter your answer as a percent rounded to 2 decimal places, e.g.-, 32.16.) Expected return 18.43 % b. What is the variance of a portfolio invested 24 percent each in A and B and 52 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) Variance