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If the economy is in a recession, Management Autos stock is expected to return negative 16 percent. If the economy is in a boom, the
If the economy is in a recession, Management Autos stock is expected to return negative 16 percent. If the economy is in a boom, the stock's return is projected at 14 percent. The probability of a recession is 70 percent, while the probability of a boom is 30 percent. What is the variance of the returns on this stock? O 0.038500 O 0.041317 0.013372 0.018900 0.024936
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