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		.10				.35				.40				.27
Good		.60				.16				.17				.08
Poor		.25				.01				.03				.04
Bust		.05				.12				.18				.09

a.

Your portfolio is invested 30 percent each in A and C, and 40 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b-1.

What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.)

b-2.

What is the standard deviation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

a.	Expected return		%
b.	Variance
c.	Standard deviation		%