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If the econmy booms RTF , incooprerated, stock is exspected to return 1 1 percent. If the economy gors into a recessionary period the RTF

If the econmy booms RTF, incooprerated, stock is exspected to return 11 percent. If the economy gors into a recessionary period the RTF is exspecred to return 4 pecent. The probility of a boom is 72 percent while the probility of a recessioni 28 percent. What is the varienceof the returns on RTF incoperated stock ?

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