Consider the following information:

		Rate of Return if State Occurs	Rate of Return if State Occurs	Rate of Return if State Occurs
state of economy	probability of state of economy	Stock A	Stock B	Stock C
boom	.72	.06	.11	.17
bust	.28	.19	-.04	.23

What is the variance of a portfolio invested 30 percent each in Stocks A and B and 40 percent in Stock C?

A. 0.000065

B. 0.000163

C. 0.000289

D. 0.000528

E. 0.001740