10 points eBook Problem 13-23 Portfolio Returns and Deviations (L01, 2) Consider the following information about three stocks: Probability of Rate of Return if State Occurs State of State of Economy Economy Stock A Stock B Stock C Boom 0.20 0.20 0.32 0.54 Normal 0.45 0.18 0.16 0.14 Bust 0.35 0.02 -0.34 0.42 31. If your portfolio is invested 40% each in A and B and 20% in C, what is the portfolio expected return? (Do not round intermediate calculations. Enter the answer as a percent rounded to 2 decimal places.) Portfolio expected return % a2. What is the variance? (Do not round intermediate calculations. Round the final answer to 8 decimal places.) Variance |:| a3. What is the standard deviation? (Do not round intermediate calculations. Enter the answer as a percent rounded to 2 decimal places.) Standard deviation |:| % b. lfthe expected Tbill rate is 4.00%, what is the expected risk premium on the portfolio? (Do not round intermediate calculations. Enter the answer as a percent rounded to 2 decimal places.) Expected risk premium |:| % c1. If the expected inflation rate is 2.00%, what are the approximate and exact expected real returns on the portfolio? (Do not round intermediate calculations. Enter the answers as a percent rounded to 2 decimal places.) Approximate expected real return 95 Exact expected real return 9a c-2. What are the approximate and exact expected real risk premiums on the portfolio? (Do not round intermediate calculations. Enter the answers as a percent rounded to 2 decimal places.) Approximate expected real risk premium |:| 95 Exact expected real risk premium |:| 9s