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Consider thefollowing information:Rate of Return If State OccursState ofProbability ofEconomyState of EconomyStock AStock BStock C Boom.15 .35 .45 .33 Good.50 .12 .10 .17 Poor.25 .01 .02 ?.05 Bust.10 ?.11 ?.25 ?.09 Requirement 1:Your portfolio is invested 30 percent each in A and C and 40percent in B. What is the expected return of the portfolio?(Do not round intermediate calculations.Enter your answer as a percentage rounded to 2decimal places (e.g., 32.16).) Expected return of the portfolio%Requirement 2:(a)What is the variance of this portfolio? (Do not roundintermediate calculations. Roundyour answer to 5 decimal places(e.g.,32.16161).) Variance of the portfolio (b)What is the standard deviation of this portfolio?(Do not round intermediate calculations.Enter your answer as a percentage rounded to 2decimal places (e.g., 32.16).) Standard deviation%