Expected return and standard deviation. Use the following information to answer the questions. Probability of State Return on Asset R in State Return on Asset S in State State of Asset T in State Boom Growth Stagnant Recession 0.28 0.39 0.24 0.09 0.030 0.030 0.030 0.030 0.280 0.100 0.150 -0.035 0.430 0.300 0.020 -0.165 a. What is the expected return of each asset? b. What are the variance and the standard deviation of each asset? c. What is the expected return of a portfolio with equal investment in all three assets? (Round to four decimal places.) c. What is the expected return of a portfolio with equal investment in all three assets? (Round to four decimal places.) d. What is the portfolio's variance using the same asset weights from part (c)? (Round to four decimal places.) What is the portfolio's standard using the same asset weights from part (c)? (Round to four decimal places.) Enter your answer in each of the answer boxes