Consider the following information: State of Economy Boom Bust Probability of State of Economy 18.09% 0.76 0.24 Rate of Return if State Occurs Stock A Stock B Stock C 0.25 0.17 0.19 0.11 0.17 0.05 Requirement 1: What is the expected return on an equally weighted portfolio of these three stocks? (Do not round your intermediate calculations.) Requirement 2: What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round your intermediate calculations.) (Click to select)