Consider the following information: Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy .60 .40 Stock A .18 03 Stock B 04 .16 Stock C 31 -11 enter answer a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and your percent rounded to 2 decimal places, e.g., 32.16.) b.What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) 96 a. Expected return b. Variance of a portfolio