Calculate the expected return, variance, and standard deviation for the stocks in the table below. Next, form an equally weighted portfolio of all three stocks and calculate its mean, variance, and...

Calculate the expected return, variance, and standard deviation for the stocks in the table below. Next, form an equally weighted portfolio of all three stocks and calculate its mean, variance, and standard deviation. State of Returns in Each State of the Economy the Economy Probability Cycli-Cal Inc. Home Grown Crop. Pharma-Cel Boom 20% 40% 20% 20% Expansion 50% 10% 10% 40% Recession 30% 20% 10% 30%