Consider the following information Stato Probability of State of Econo 2.60 te of Bent state occurs SEORA Stock Stock 0.16 2.18 0.00 Doo 0.34 a What is the expected return on an equaly welghted portfolio of these three stocks? (Do not round intermediate calculations. Round the final answer to 2 decimal places) Expected retum b. What is the variance of a partono invested 15% each in A and B and 70% in C? Do not found intermediate calculations Pound the final answer to 6 decimal places) Variance