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Outcome Probability Return Boom 60% 0.34 Normal 25% 0.17 Recession 10% 0.14 Depression 5% 0.07 What is the variance of this asset's returns? Please

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Outcome Probability Return Boom 60% 0.34 Normal 25% 0.17 Recession 10% 0.14 Depression 5% 0.07 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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