You have three stocks in your profile with the following properties:

Compute:

1. Expected Return of the portfolio

2. Variance of the portfolio

\begin{tabular}{|c|c|c|c|c|c|c|} \hline Stock & Portfolio Weight & Expected Return & Variance & Correlation With A & Correlation With B & Correlation With C \\ \hline A & 20 percent & 5 percent & 10 percent & 100 percent & 20 percent & 10 percent \\ \hline B & 50 percent & 7 percent & 20 percent & 20 percent & 100 percent & 70 percent \\ \hline C & 30 percent & 9 percent & 35 percent & 10 percent & 70 percent & 100 percent \\ \hline \end{tabular}