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Consider the following information: State i Probability of State i Actual Return of Johnson and Johnson Boom 78 % 17 % Bust 22 % -1

Consider the following information: State i Probability of State i Actual Return of Johnson and Johnson Boom 78 % 17 % Bust 22 % -1 % What is the variance of Johnson and Johnson? (Round to 6 decimals) (Remember Variance is not in percentage terms!)

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