Consider the following information: Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy .68 32 Stock A .11 25 Stock B .05 31 Stock C 36 -16 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 23 percent each in A and B and 54 percent in C? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.) % a. Expected return b. Variance of portfolio