Question 1 (of 5) 1. value 10.00 points Consider the following information: Rate of Return If State Occurs State of Economy Boom Bust Probability of State of Economy Stock A Stock B 15 .06 Stock C 58 42 07 16 06 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return b. What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) Variance References eBook & Resources Type here to search