3 Problem 13-10 Returns and Standard Deviations (LO1] ed Consider the following information: Rate of Return If State Occurs State of Probability of State of Economy Economy Stock A Stock B Stock C Boom .20 .36 46 .26 Good :55 .20 .17 .11 Poor -.04 -.07 -.06 Bust .05 -14 -.32 -.09 .20 a. Your portfolio is invested 26 percent each in A and C, and 48 percent in B. What is the expected return of the portfolio? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 16161.) b-2. What is the standard deviation? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32,16.) ces % Expected return b-1. Variance b-2. Standard deviation %