Return on Asset J in State Return on Asset K in State Return orn Asset L in State State of Economy Boom Growth Stagnant Recession Probability of State 0.27 0.35 0.24 0.14 0.055 0.055 0.055 0.055 0.220 0.110 0.050 0.130 0.250 0.210 0.050 0.220 a. What is the expected return of each asset? b. What is the variance and the standard deviation of each asset? c. what is the expected return of a portfolio with 1 1% in asset J, 54% in asset K, and 35% in asset L? d. What is the portfolio's variance and standard deviation using the same asset weights from part (c)