$\backslash$table$[[,,$Rate of Return if State Occurs,$],[$State of Economy,Probability of State of Economy,Stock A$,$Stock B$,$Stock C$],[$Boom$,\mathrm{.}73,\mathrm{.}11,\mathrm{.}05,\mathrm{.}31],[$Bust$,\mathrm{.}27,\mathrm{.}20,\mathrm{.}26,-\mathrm{.}11]]$

a$.$ What is the expected return on an equally weighted portfolio of these three stocks?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$.$ What is the variance of a portfolio invested $28$ percent each in A and $B$ and $44$ percent in C$?$

Note: Do not round intermediate calculations and round your answer to $5$ decimal places, e$.$g$.,.16161.$

a$.$ Expected return

$6$

b$.$ Variance of portfolio