L19. Returns LO 1 LO 2 9. Return s and Standard Deviations. Consider the following information State of Economy Probability f State of Economy Rate of Return If State Occurs Stock A Stock B Stock Boom Bust 60 40 .15 03 02 .16 34 08 What is the expected return on an equally weighted portfolio of these three stocks? What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? a. b. c'ilailinn information