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Based on the following information, what is the variance? Rate of Return if State Occurs State of Economy Recession Normal Boom Probability of State of

Based on the following information, what is the variance? Rate of Return if State Occurs State of Economy Recession Normal Boom Probability of State of Economy .29 .40 31 -9.70% 11.20% 22.20% Multiple Choice 02357 03143 12536 01572

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