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Based on the following information, what is the variance? State of Economy Recession Normal Boom Probability of State of Economy .26 .29 .45 Rate of

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Based on the following information, what is the variance? State of Economy Recession Normal Boom Probability of State of Economy .26 .29 .45 Rate of Return if State Occurs -10.80% 12.30% 23.30% Multiple Choice .02881 .13859 .03841 01921 .08850

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