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Your entire stock portfolio contains shares of AMC (20%), Bayer (47%), and CarGurus. Using the information in the table below, the variance of your portfolio

Your entire stock portfolio contains shares of AMC (20%), Bayer (47%), and CarGurus. Using the information in the table below, the variance of your portfolio is ___________.

State of Economy Probability of State Return if State Occurs
of Economy AMC Bayer CarGurus
Recession .124 11.10% 4.50% 13.50%
Normal .685 10.40% 10.86% 17.90%
Boom .191 21.75% 25.51% 30.21%

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