Standard deviation was not given.

1.33 points Consider the following information Rate of Return if State Occurs State of Economy Boom Bust Probability of State of Economy Stock B .03 34 Stock C 39 -.19 Stock A 71 29 .09 .28 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 to2 decimal places, e.g., 32.16.) Expected return 16.23 % b. What is the variance of a portfolio invested 26 percent each in A and B and 48 percent in C? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g,32.16161.) Variance of a portfolio