State of Economy	Probability of State of Economy	Stock A	Stock B	Stock C
Boom	.15	.37	.47	.27
Good	.45	.22	.18	.11
Poor	.35	.04	.07	.05
Bust	.05	.18	.22	.08

Requirement 1:

Your portfolio is invested 20 percent each in A and C, and 60 percent in B. What is the expected return of the portfolio? (Do not round your intermediate calculations.)

(Click to select)17.66%7.56%14.46%10.96%24.96%

Requirement 2:

(a)	What is the variance of this portfolio? (Do not round your intermediate calculations.)
	(Click to select).6298-.7702.02982.32981.2298

(b)	What is the standard deviation?