Consider the following information:

State of	Probability of			Rate of Return If State Occurs
Economy	State of Economy			Stock A			Stock B			Stock C
Boom		.15			.350			.450			.330
Good		.45			.120			.100			.170
Poor		.35			.010			.020			.050
Bust		.05			.110			.250			.090

Your portfolio is invested 30 percent each in A and C and 40 percent in B. What is the expected return of the portfolio? Expected return__________% What is the variance of this portfolio?

Variance__________ What is the standard deviation of this portfolio? Standard deviation_________%