Problem 11-10 Returns and Standard Deviations LO 1, 2] Consider the following information: Probability of State of Economy .19 State of Economy Boom Good Poor Bust Rate of Return If State Occurs Stock A Stock B Stock .366 466 346 .136 .116 .186 .026 .036 -.091 -.126 - 266 - 106 09 Requirement 1: Your portfolio is invested 31 percent each in A ayd C and 38 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Expected return of the portfolio Requirement 2: (a) What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g., 32.16161).) Variance of the portfolio .125506 (b) What is the standard deviation of this portfolio? (Do not round Intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Standard deviation 36.43 %