24. The rate of return on the common stock of ABC is expected to be 14% in a boom economy, 8% in a normal economy, and only 2% in a recessionary economy. The probabilities of these economic states are 20% for a boom, 70% for a normal economy, and 10% for a recession. What is the variance of the returns on the common stock of ABC? (2 points) 0.001044 0.001280 0.001863 0.002001