what is the expected return on an equally weighted portfolio

Consider the following information Rate of Return If State Occurs State of Probability of State of Economy Stock A Stock B S Stock C Boom Bust 65 .35 19 .06 .37 -05 12 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 varlance of a portfolio invested 16 percent each in A and B and 68 percent in C? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g. 161616.) a. Expected return b. Variance Prey 7 of 11 i Next> 02 6