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Given the following information, calculate the expected return and standard deviation for a portfolio that has 54 percent invested in Stock A, 30 percent in

Given the following information, calculate the expected return and standard deviation for a portfolio that has 54 percent invested in Stock A, 30 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 0.80 17% 18% 23%
Bust 0.20 9% 0% -9%

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