Use this info for the next two problems. State Probability Return on A Return on B Return on C Boom .70 15% 8% 4% Bust .30 10% 6% -2% 20. What is the expected return of a portfolio with 20% of the funds invested in A and the rest evenly divided between B and C? A. 5.76% B. 6.12% C. 6.54% D. 7.30% E.7.60% 21. What is the standard deviation of a portfolio with 20% of the funds invested in A and the rest evenly divided between B and C?

A. 1.64 B. 1.72 C. 1.92 D. 2.06 E. 2.41

Please show work