Use the following to answer question 3: State               …

Use the following to answer question 3: State                Probability       Return A         Return B Boom                 .65                   0.30                0.05 Bust                   .35                   0.10                 0.20 What is the standard deviation of a portfolio with one-quarter of the funds in A and the remainder of the funds in B? (Do not round your intermediate results.)