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Consider the following information Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy 0.66 0.34 Stock A 0.23

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Consider the following information Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy 0.66 0.34 Stock A 0.23 0.13 Stock B 0.25 0.13 Stock C 0.15 0.15 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 20 percent each in A and B and 60 percent in C? (Do not round your intermediate calculations.) (Click to select)3

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