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You decide to invest in a portfolio consisting of 3 1 percent Stock A , 4 2 percent Stock B , and the remainder in

You decide to invest in a portfolio consisting of 31 percent Stock A,42 percent Stock B, and the remainder in Stock C. Based on the following information, what is the variance of your portfolio?
State of Economy Probability of State Economy Return if State Occurs
Stock A Stock B Stock C
Recession .109-9.60%-3.00%-12.00%
Normal .6558.90%10.56%16.40%
Boom .23621.45%24.91%29.61%

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