What is the expected return on an equally weighted portfolio of these three stocks? What is the variance of a portfolio invested 22 percent each in A and B and 56 percent in C? State of Economy: Boom - Probability of State Economy = .55, Stock A = .06, Stock B = .14, and Stock C = .34 Bust - Probability = .45, Stock A = .10, Stock B = .02, Stock C = -.07