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Consider the following table: Scenario Severe recession Mild recession Normal growth Boom Required: Stock Fund Probability Rate of Return Bond Fund Rate of Return
Consider the following table: Scenario Severe recession Mild recession Normal growth Boom Required: Stock Fund Probability Rate of Return Bond Fund Rate of Return 0.10 -42% -9% 0.20 -22% 15% 0.40 27% 8% 0.30 32% -5% a. Calculate the values of mean return and variance for the stock fund. (Do not round intermediate calculations. Round "Mean return" value to 1 decimal place and "Variance" to 2 decimal places.) Mean return Variance 12.0% 0.07
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