SVO Help Save & Exit Check 5 Problem 13-9 Returns and Variances (LO1) Consider the following information Rate of Return If State Occurs State of Probability of Economy State of Stock A Economy Stock B Stock C Boom 64 11 20 38 Bust 36 18 .10 -04 Book Print ferences Q. 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.... 32.16.) b. What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 161616.) a Expected return b. Variance 17.60% 0.042666 Me Graw Hill 45 Type here to search O SVO Help Save & Exit Check 5 Problem 13-9 Returns and Variances (LO1) Consider the following information Rate of Return If State Occurs State of Probability of Economy State of Stock A Economy Stock B Stock C Boom 64 11 20 38 Bust 36 18 .10 -04 Book Print ferences Q. 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.... 32.16.) b. What is the variance of a portfolio invested 20 percent each in A and B and 60 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 161616.) a Expected return b. Variance 17.60% 0.042666 Me Graw Hill 45 Type here to search O