Consider the following information: Rate of Return If State Occurs Probability of State of State of Economy Stock A Stock B Stock C Economy 58 oom 08 .17 37 06 Bust 42 -04 14 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.) b. What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., .161616.) Answer is complete but not entirely correct. Expected return 14.23 . 0.019222X b. Variance