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 0.41 0.35 0.25 0.20 0.20 0.25 0.15 03 0.13 -0.02 -0.17-.2-0.11 0.20 0.11 0.16 Good Poor Bust -0. 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