QUESTION $52$

You decide to invest in a portfolio consisting of $20$ percent Stock A$,47$ percent Stock B$,$ and the remainder in Stock C$.$ Based on the following information, what is the variance of your portfolio?

$\backslash$table$[[$State of$,$Probability of State,Return if State Occurs$],[$Economy$,$Economy,Stock A$,$Stock B$,$Stock C$],[$Recession$,\mathrm{.}124,-11\mathrm{.}10\%,-4\mathrm{.}50\%,-13\mathrm{.}50\%$