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A stock will have a loss of 10.3 percent in a bad economy, a return of 10.1 percent in a normal economy, and a return

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A stock will have a loss of 10.3 percent in a bad economy, a return of 10.1 percent in a normal economy, and a return of 24 percent in a hot economy. There is 25 percent probability of a bad economy, 44 percent probability of a normal economy, and 31 cercent probability of a hot economy. What is the variance of the stock's returns? Multipie Choice 0+225 00633 03266 12779 02450

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