Consider the following information Rate of Return if State Occurs State of Economy Boom Bust Probability of Stock A 09 State of Economy Stock B Stock C 62 38 17 10 35 -.06 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return b. What is the variance of a portfolio invested 16 percent each in A and B and 68 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) Variance