value: 2.00 points Problem 11-25 Portfolio Returns and Deviations [LO 2] Consider the following information on a portfolio of three stocks: - State of Economy Boom Normal Bust Probability of State of Economy .15 .54 31 Stock A Rate of Return .08 Stock B Rate of Return 5 33 28 -27 Stock C Rate of Return .44 .26 -36 Required: (a) If your portfolio is invested 38 percent each in A and B and 24 percent in C, what is the portfolio's expected return the variance, and the standard deviation? (Do not found intermediate calculations Round your variance answer to 5 decimal places (e.g., 32.16161) and input your other answers as a percentage rounded to 2 decimal places (e.g. 32.16).) 12.46 % Expected return Variance Standard deviation (b) If the expected T-bill rate is 4,55 percent, what is the expected risk premium on the portfolio? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.46).) Expected risk premium 789 7.899 Hints References eBook & Resources & Resources