Instructor-created question Expected return and standard deviation. Use the following information to answer the questions Return on Asset S in State Return on Probability Return on Asset R in State of Economy Boom Growth Stagnant Recession Asset T in of State State State 0.28 0.39 0.22 0.11 0.040 0.040 0.040 0.040 0.250 0.140 0.180 - 0.030 0.440 0.300 0.010 -0.165 a. What is the expected return of a portfolio with equal investment in all three assets? b. What is the portfolio's variance and standard deviation? a. What is the expected return of a portfolio with equal investment in all three assets? (Round to four decimal places.) b. What is the portfolio's variance? (Round to four decimal places.) What is the portfolio's standard? (Round to four decimal places.)