Question 8 (3 points) If your portfolio is invested 30 percent in A, 50 percent in B, and 20 percent in what is the portfolio's expected return and the variance? State of Economy Probability of State of Economy Stock A Return (96) Stock B Return) Stock Return (%) Boom 0.14 5% 35% 47% Normal 0.52 13% 25%6 23% Recession 0.34 19% -24% -38% A) Expected Return = 8.52% and Variance = 0.27648 B) Expected Return = 8.52% and Variance = 0.22632 FO