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A stock will have a loss of 11.8 percent in a bad economy, a return of 11.6 percent in a normal economy, and a return

A stock will have a loss of 11.8 percent in a bad economy, a return of 11.6 percent in a normal economy, and a return of 25.5 percent in a hot economy. There is 26 percent probability of a bad economy, 29 percent probability of a normal economy, and 45 percent probability of a hot economy. What is the variance of the stock's returns?

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