Consider the following information: Rate of Return if State Occurs State of Economy Boom Good Probability of State of Economy 0.15 0.55 0.25 Stock A 0.35 0.16 0.01 0.12 Stock B 0.45 0.10 Stock C 0.27 0.08 0.06 0.04 Poor Bust 0.05 0.20 0.09 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? (Round your answer to 2 decimal places. (e.g., 32.16)) Expected return % b-1 What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places. (e.g., 32.16161)) Variance b-2 What is the standard deviation? (Do not round intermediate calculations and round your answer to 2 decimal places. (e.g., 32.16)) Standard deviation %