Apps M Gmail YouTube Maps Assignment 8 (Chapter 13) Stred 6 Consider the following information Rate of Return If State Occurs 5 points Probability of State of Stock A Stock C State of Economy Boom Bust Economy 66 34 12 20 Stock B 21 08 39 -08 eBook Print References a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) b. What is the variance of a portfolio invested 22 percent each in A and B and 56 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 161616.) 18.10% Expected return Variance b. 6 of 20 Next >