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Consider the following information: (a) What is the variance of this portfolio? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g.,
Consider the following information:
|
Rate of Return If State Occurs | ||||||
State of | Probability of | |||||
Economy | State of Economy | Stock A | Stock B | Stock C | ||
Boom | .15 | .362 | .462 | .342 | ||
Good | .45 | .132 | .112 | .182 | ||
Poor | .35 | .022 | .032 | ?.068 | ||
Bust | .05 | ?.122 | ?.262 | ?.102 | ||
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