If the economy booms, RTF$,$ Incorporated, stock is expected to return $10$ percent. If the economy goes into a recessionary period, then RTF is expected

to only return $3$ percent. The probability of a boom is $65$ percent while the probability of a recession is $35$ percent. What is the variance of the returns on

RTF$,$ Incorporated, stock?

Multiple Choice

$\mathrm{.}001115$

$\mathrm{.}033388$

$\mathrm{.}000334$

$\mathrm{.}037750$

$\mathrm{.}000725$