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Current Stock Price ($) Probability PR Stock Price in One Year ($) Return R 40% $30 20% $25 40% $27.5 10% 20% $22.5 -10% The

Current Stock Price ($)

Probability PR

Stock Price in One Year ($)

Return R

40% $30 20%
$25 40% $27.5 10%
20% $22.5 -10%

The variance of the return is (hint: variance is not standard deviation. Varience= standard deviation ^2)

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