Problem 13-10 Returns and Standard Deviations (LO1] Consider the following information: Rate of Return if State Occurs Probability of State State of Economy of Economy Boom .15 Good .60 Poor .20 Bust .05 Stock A .35 .19 -.03 -.13 Stock B .45 .16 -.06 -.31 Stock C .25 .10 -.05 -.08 a. Your portfolio is invested 28 percent each in A and C, and 44 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) b-2. What is the standard deviation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Expected return % b-1. Variance b-2. Standard deviation %