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Business, 06.07.2019 02:20 wsdafvbhjkl

Consider the following information: rate of return if state occurs state of probability of economy state of economy stock a stock b stock c boom .56 .06 .14 .34 bust .44 .15 .05 −.04 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 variance of a portfolio invested 22 percent each in a and b and 56 percent in c?

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