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Outcome Probability Return Boom 60% 0.33 Normal 25% 0.21 Recession 10% 0.13 Depression 5% 0.10 What is the variance of this asset's returns? Please report
Outcome Probability Return Boom 60% 0.33 Normal 25% 0.21 Recession 10% 0.13 Depression 5% 0.10 What is the variance of this asset's returns? Please report your answer as a decimal, rounded to four decimal places
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