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QUESTION 4 XYZ Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's

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QUESTION 4 XYZ Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What is the expected return expressed in percentage (4)? Economic Conditions Probability Return Strong 30% 40.0% Normal 40% 10.0% Weak 30% -16.0% Solve the problem and enter the result. Instruction: Do not round your result. Only enter a numerical value; do not enter any dollar, S, or % symbol. When you attach a file (part 2) showing your work, write down the equation that you need to use to solve this problem. Next, plug in all the given information. (If you use an online calculator, give the link in your uploaded file). 11.2 QUESTION 5 For the XYZ Inc in Question 4, what is the variance (expressed in percentage, %)? Solve the problem and enter the result. Instruction: Do not round your result. Only enter a numerical value; do not enter any dollar, $, or % symbol. When you attach a file (part 2) showing your work, write down the equation that you need to use to solve this problem. Next, plug in all the given information. (If you use an online calculator, give the link in your uploaded file)

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