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Consider the following information: Actual Return of Johnson and Johnson State i Probability of State i Boom 30 % 12 % Bust 70 % -8%

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Consider the following information: Actual Return of Johnson and Johnson State i Probability of State i Boom 30 % 12 % Bust 70 % -8% What is the variance of Johnson and Johnson? (Round to 6 decimals) (Remember Variance is not in percentage terms!)

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