Required Ch 11 HW Connecti 4 2.5 points eBook Print References Saved Consider the following information: Rate of Return if State Occurs Probability of State State of of Economy Stock A Stock B Stock C Economy Boom .67 .10 .04 .35 Bust .33 .24 .30 -.15 a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the variance of a portfolio invested 22 percent each in A and B and 56 percent in C? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.) a. Expected return % b. Variance of portfolio