Problem 11-9 Returns and Standard Deviations (LO2, CFA5) Consider the following information Rate of Return if State Occurs State of Probability of Economy State of Economy Stock A Stock B Stock C Boom Good Poor Bust 0.25 0.15 0.23 0.12 -0.02 -0.18 0.26 0.16 2 -0.12-0.03 -0.18-0.11 0.39 0.15 0.30 a. Your portfolio is invested 35 percent each in A and C and 30 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-2. What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviatio