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please answer asap Consider the following information: State of Economy Boom Bust Probability of State of Economy 0.55 0.45 Rate of Return if State Occurs

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please answer asap

Consider the following information: State of Economy Boom Bust Probability of State of Economy 0.55 0.45 Rate of Return if State Occurs Stock A Stock B Stocks 0.86 0.14 0.34 0.10 0.02 -0.02 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculatic Round the final answer to 2 decimal places.) Expected return b. What is the variance of a portfolio invested 25% each in A and B and 50% in C? (Do not round intermediate calculations. the final answer to 6 decimal places.) Variance

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