Problem 11-9 Returns and Standard Deviations (LO2, CFA5) Consider the following information: Rate of Return if State Docurs State of Probability of Economy State of Economy Stock A Stock 3 Stock C Boom 0.25 0.18 0.32 0.25 Good 0.20 0.12 0.22 0.09 Poor 0.40 -0.03 -0.11 -0.02 Bust 0.15 -0.11 -0.16 0.10 a. Your portfolio is invested 30 percent each in A and C and 40 percent in B. What is the expected return of the portfolio? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected return b-1. What is the variance of this portfolio? (Do not round Intermediate calculations. Round your answer to 5 decimal places.) Variance b-1. What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places.) Variance b 2. What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviation