P13-10 Returns and Standard Deviations (LO1] Consider the following information: Rate of Return if State Occurs Stock B .32 State of Economy Boom Good Poor Bust Probability of State of Economy .30 .40 .08 .22 Stock A .36 .22 .16 .11 .14 Stock C .43 .11 .01 -11.99 .08 -.04 Requirement 1: Your portfolio is invested 10 percent each in A and C, and 80 percent in B. What is the expected return of the portfolio? (Do not round your intermediate calculations. Note: All rates are given in decimal format here!) -10.86% Requirement 2: (a) What is the variance of this portfolio? (Do not round your intermediate calculations.) .1198 (b) What is the standard deviation? (Do not round your intermediate calculations.) 56.95%