Consider the following information Rate of Return If State Occurs State of Economy Boom Bust Probability of State of Economy 60 .40 Stock A 15 18 Stock B 23 08 Stock C 42 -.09 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations. 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 24 percent each in A and B and 52 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) Variance