Consider the following information: State of Economy Boom Bust Probability of State of Economy 0.66 0.34 Rate of Return if State Occurs Stock A Stock B Stock C 0.23 0.11 0.17 0.11 0.05 -0.09 Requirement 1: What is the expected return on an equally weighted portfolio of these three stocks? (Do not round your intermediate calculations.) (Click to select) Requirement 2: What is the variance of a portfolio invested 30 percent each in A and B and 40 percent in C? (Do not round your intermediate calculations.) (Click to select)