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

Consider the following information:

Rate of Return if State Occurs
State of Economy Probability of State of Economy Stock A Stock B Stock C
Boom .15 .38 .48 .28
Good .45 .22 .19 .15
Poor .30 .04 .09 .06
Bust .10 .16 .34 .11

Your portfolio is invested 24 percent each in A and C, and 52 percent in B. What is the expected return of the portfolio?????

What is the variance of this portfolio?

What is the standard deviation?

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