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Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock A Stock B Stock C Boom

Consider the following information:
State of Economy Probability of State of Economy Rate of Return if State Occurs
Stock A Stock B Stock C
Boom 0.250.190.300.24
Good 0.200.130.210.10
Poor 0.100.040.120.01
Bust 0.450.120.320.10
a. Your portfolio is invested 35 percent each in Stocks A and C and 30 percent in Stock B. What is the expected return of the portfolio?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
b-1. What is the variance of this portfolio?
Note: Do not round intermediate calculations. Round your answer to 5 decimal places.
b-2. What is the standard deviation?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

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