Consider the following information:

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B	Stock C
Boom	.20	.38	.48	.28
Good	.50	.14	.19	.12
Poor	.20	.05	.08	.06
Bust	.10	.19	.23	.09

Requirement 1:

Your portfolio is invested 22 percent each in A and C, and 56 percent in B. What is the expected return of the portfolio? (Do not round your intermediate calculations.)

(Click to select)27.18%19.88%16.68%9.78%13.18%

Requirement 2:

(a)	What is the variance of this portfolio? (Do not round your intermediate calculations.)
	(Click to select)2.3349.6349.0349-.76511.2349

(b)	What is the standard deviation? (Do not round your intermediate calculations.)
	(Click to select)15.38%18.68%16.38%23.08%20.88%