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Consider the following information on two stocks: P(State) Stock A Stock B Boom 40% 0.35 0.03 Normal 35% 0.12 -0.06 Bust 25% -0.05 0.08 Calculate

Consider the following information on two stocks:

P(State) Stock A Stock B
Boom 40% 0.35 0.03
Normal 35% 0.12 -0.06
Bust 25% -0.05 0.08

Calculate the variance of stock A. (Enter percentages as decimals and round to 4 decimals)

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