14 20 points eBook References P13-10 Returns and Standard Deviations [LO1] Consider the following information: Rate of Return if State Occurs State of Probability of State of Economy Stock A Stock B Stock C Economy Boom .20 .45 .34 .41 Good .40 .20 19 14 Poor .24 .15 .11 .07 Bust 16 .06 .01 -6.93 Requirement 1: Your portfolio is invested 12 percent each in A and C, and 76 percent in B. What is the expected return of the portfolio? (Do not round your intermediate calculations. Note: All rates are given in decimal format here!) (Click to select) Requirement 2: (a) What is the variance of this portfolio? (Do not round your intermediate calculations.) (Click to select) (b) What is the standard deviation? (Do not round your intermediate calculations.) (Click to select)