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please do it in 20 minutes please urgently... I'll give you up thumb definitely 11 The rates of return for a stock are as follows:
please do it in 20 minutes please urgently... I'll give you up thumb definitely
11 The rates of return for a stock are as follows: 2% if the state of the economy is recession, 8% if the state of the economy is normal, and 11% if the state of the economy is expansion. The probability for each state of the economy is 25%, 45%, and 30%, respectively. Assume the stock has an expected rate of return of 7.4%. What is the variance for this stock? 4 points 2 01:55:11 Do not round intermediate calculations. Round the final answer to 5 decimal places. For example, an answer of 0.123456789 should be entered as 0.12345 (not 12.34567%). Numeric ResponseStep by Step Solution
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