Problem 13-10 Returns and Standard Deviations (LO1] Consider the following information: Rate of Return If State Occurs State of Stock B Probability of State of Economy .15 .55 .25 .05 Economy Boom Good Poor Bust .40 Stock A .30 .17 -.03 -10 .11 -.06 -.26 Stock C .31 .10 -.04 -07 a. Your portfolio is invested 26 percent each in A and C, and 48 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 00