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A stock wil have a loss of 11 percent in a bod economy, a return of 10.8 percent in a normal economy, and a return

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A stock wil have a loss of 11 percent in a bod economy, a return of 10.8 percent in a normal economy, and a return of 24.7 percent in a hot econorny. There is 32 percent probability of a bad economy, 37 percent probability of a normal economy, and 31 percent probability of a hot economy. What is the variance of the stock : eturns? Mutiple Choice 03073 2433 07049 01536

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