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please show steps Based on the following information. a. What is expected return? b. What is the variance Based on the following information, State of

please show steps

Based on the following information. a. What is expected return? b. What is the variance

Based on the following information, State of Economy Probability of State of Economy Rate Of Return if State Occurs -11.20% 12.70% 23.10% b. Recession Normal Boom What is return? What is the variance? .22 .25 .53

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