(Solved): Consider the following information: a. What is the expected return on an equally weighted portfolio ...

Consider the following information: 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 29 percent each in $$A$$ and $$B$$ and 42 percent in C? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.)