Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Stock C Boom 0.25 0.19 0.30 0.24 Good 0.20 0.13 0.21 0.10 Poor 0.10 0.04 0.12 0.01 Bust 0.45 0.12 0.32 0.10 a. Your portfolio is invested 35 percent each in A and C and 30 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places.) b-2. What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Rate of Return if State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C 0.19 0.13 Boom Good Poor Bust 0.25 0.20 0.10 0.45 0.30 0.21 0.24 0.10 -0.04-0.12-0.01 -0.120.32-0.10 a. Your portfolio is invested 35 percent each in A and C and 30 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected return b-1. What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places.) Variance b-2. What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviation Rate of Return if State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C 0.19 0.13 Boom Good Poor Bust 0.25 0.20 0.10 0.45 0.30 0.21 0.24 0.10 -0.04-0.12-0.01 -0.120.32-0.10 a. Your portfolio is invested 35 percent each in A and C and 30 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected return b-1. What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places.) Variance b-2. What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviation