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Consider the following information: Rate of Return If State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom

Consider the following information:
Rate of Return If State Occurs
State of Probability of
Economy State of Economy Stock A Stock B Stock C
Boom .17.358.458.338
Good .43.128.108.178
Poor .33.018.028.062
Bust .07.118.258.098
a. Your portfolio is invested 29 percent each in A and C and 42 percent in B. What is the expected return of the portfolio? (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 this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g.,32.16161.)
c. What is the standard deviation of this portfolio?

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