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Emmons Corporation has a 0.5 probability of a return of 0.29, a 0.1probability of a rate of return of 0.08, and the remaining probability of
Emmons Corporation has a 0.5 probability of a return of 0.29, a 0.1probability of a rate of return of 0.08, and the remaining probability of a 0.6 rate of return.What is the variance in the expected rate of return of Emmons Corporation?
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