Problem 13-10 Returns and Standard Deviations [LO1] Consider the following information: Rate of Return If State Occurs State of Probability of State of Economy Economy Boom 15 Good 55 Poor Bust 05 Stock A 39 15 -.01 Stock B 49 20 -09 -24 Stock C 29 08 -07 -10 25 20 a. Your portfolio is invested 24 percent each in A and C. and 52 percent in B. What is the expected return of the portfolio? (Do not round intermediate calculaitons. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return 1% 5-1 What is the variance of this portfolio? (Do not round intermediate calculations and round your answer to 5 decimal places. e.g. 32.16161.) Variance b-2What is the standard deviation? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Standard deviation