Problems & Excel Simulations - Chapter 11 Saved Help ave & Exit S Check my w 3 Consider the following information: Rate of Return if State Occurs 10 points Probability of State of Economy .72 28 State of Economy Boom Bust Stock C eBook Stock A .10 19 Stock B .04 .25 30 -10 Print References a. What is the expected return on an equally weighted portfolio of these three stocks? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) b. What is the variance of a portfolio invested 27 percent each in A and B and 46 percent in C? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.) % a. Expected return b. Variance of portfolio