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Emmons Corporation has a 0.3 probability of a return of 0.23, a 0.1 probability of a rate of return of 0.05, and the remaining probability
Emmons Corporation has a 0.3 probability of a return of 0.23, a 0.1 probability of a rate of return of 0.05, and the remaining probability of a 0.3 rate of return. What is the variance in the expected rate of return of Emmons Corporation?
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