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NOT A or B If the economy booms, RTF, Inc.,stock is expected to return 10 percent. If the economy goes into a recessionary period, then

image text in transcribedNOT A or B

If the economy booms, RTF, Inc.,stock is expected to return 10 percent. If the economy goes into a recessionary period, then RTF is expected to only return 5 percent. The probability of a boom is 67 percent while the probability of a recession is 33 percent. What is the variance of the returns on RTF, Inc., stock? 023511 O 041750 O 000188 O 000553 000370

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