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 $\mathrm{.}20\mathrm{.}32\mathrm{.}42\mathrm{.}22$

Good $\mathrm{.}50\mathrm{.}17\mathrm{.}13\mathrm{.}11$

Poor $\mathrm{.}25\mathrm{.}04\mathrm{.}07\mathrm{.}05$

Bust $\mathrm{.}05\mathrm{.}12\mathrm{.}17\mathrm{.}09$

Your portfolio is invested $28$ percent each in A and C$,$ and $44$ percent in B$.$What is the variance of this portfolio?