Consider the following information:

				Rate of Return If State Occurs
State of	Probability of
Economy	State of Economy			Stock A	Stock B	Stock C
Boom		.18		.353	.453	.333
Good		.42		.123	.103	.173
Poor		.32		.013	.023	?.053
Bust		.08		?.113	?.253	?.093

Requirement 1:

Your portfolio is invested 29 percent each in A and C and 42 percent in B. What is the expected return of the portfolio?

Expected return of the portfolio

%

Requirement 2:

(a)	What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g., 32.16161).)

Variance of the portfolio

(b)	What is the standard deviation of this portfolio?

Standard deviation

%