Problem 13-23 Portfolio Returns and Deviations (L01, 2) Consider the following information about three stocks: State of Economy Boom Normal Bust Probability of State of Economy 8.25 0.44 0.31 Rate of Return If State Occurs Stock A Stocks Stock C 0.36 0.48 0.52 0.15 0.12 0.04 -0.26 -0.44 0.20 -1. If your portfolio is invested 40% each in A and B and 20% in C, what is the portfolio expec return? (Dom round Intermediate calculations. Enter the answer os a percent rounded to 2 decimal places.) Portfolio expected return ]% a-2. What is the variance? (Do not round intermediate calculations. Round the final answer to 8 decimal places.) Variance .-3. What is the standard deviation? (Do not round intermediate calculations. Enter the answer as a percent rounded to 2 decimal places.) Standard deviation Activate Windows