what is the variance of a portfolio invested 22 percent each in A and B and 56 percent in C? round anwser to 6th decimal place.

10.00 points Rate of Return if State Occurs Statsof Probebiity of Economy State af FconomyStock A 0.66 0.12 0.20 Stock B 0.21 0.08 Stock C 0.39 Bust 0.34 - 0.08 a. What is the expected relurn on an equaly waighted portolia of these three stocks? (D intermediate calculations and round your final answer to 2 decimal places. (e.g, 32 Expected retuarn 18.10 % b. What is the variange of a rottin e variange of a cortfedo