Problem 13-10 Returns and Standard Deviations (LO1] Consider the following information: Rate of Return If State Occurs State of Economy Stock A Stock B Stock C Probability of State of Economy .10 .50 .35 .05 .30 .40 .11 .20 .09 Boom Good Poor Bust .15 -.02 -.05 -.03 -.07 -.10 -.15 a. Your portfolio is invested 32 percent each in A and C, and 36 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b-1. What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 16161.) b-2. What is the standard deviation? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. % Expected return b-1. Variance b-2. Standard deviation %