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A stock will have a loss of 10.7 percent in a bad economy, a return of 10.5 percent in a normal economy, and a return
A stock will have a loss of 10.7 percent in a bad economy, a return of 10.5 percent in a normal economy, and a return of 24.4 percent in a hot economy. There is 29 percent probability of a bad economy, 40 percent probability of a normal economy, and 31 percent probability of a hot economy. What is the variance of the stock's returns? Multiple Choice 01401 O .13669 O .01869 O O 03737 O .02803
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