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Given the following information, what is the variance for this stock? Probability State of of State of Rate of Economy Economy Return Boom .25 .30

Given the following information, what is the variance for this stock?

Probability

State of of State of Rate of

Economy Economy Return

Boom .25 .30

Normal .60 .11

Recession .15 -.40

a. .046570

b. .047199

c. .047398

d. .047444

e. .047682

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