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Given the following information, calculate the expected return and standard deviation for a portfolio that has 29 percent invested in Stock A, 23 percent in

Given the following information, calculate the expected return and standard deviation for a portfolio that has 29 percent invested in Stock A, 23 percent in Stock B, and the balance in Stock C. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Returns
State of Economy Probability of State of Economy Stock A Stock B Stock C
Boom 0.30 12 % 19 % 22 %
Bust 0.70 15 0 15

Expected Return = %

Standard Deviation = %

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