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Consider the following Information: Rate of Return If State Occurs State of Economy Boom Bust Probabllity of State of Economy 0.72 0.28 Stock A 0.09

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Consider the following Information: Rate of Return If State Occurs State of Economy Boom Bust Probabllity of State of Economy 0.72 0.28 Stock A 0.09 0.11 Stock B Stock C 0.29 0.15 0.17 -0.09 a. What is the expected return on an equally weighted portfolio of those three stocks? 14.49% 16.99% 26.52% 29.29% 8.76 b. What the variance of a portfolio invested 20 percent each In A and B and 60 percent in C

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