Consider the following information: Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy 0.70 0.30 Stock A 0.15 0.19 Stock B 0.29 0.15 Stock C 0.33 0.05 Requirement 1: What is the expected return on an equally weighted portfolio of these three stocks? (Do not round your intermediate calculations.) (Click to select) Requirement 2: What is the variance of a portfolio invested 30 percent each in A and B and 40 percent in C? (Do not round your intermediate calculations.) (Click to select)