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QUESTION 9 For company ABC, potential returns for different states of economy is provided with probabilities below. Probability Return State 1 7% -10% State 2

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QUESTION 9 For company ABC, potential returns for different states of economy is provided with probabilities below. Probability Return State 1 7% -10% State 2 18% 0% State 3 36% 10% State 4 39% 5% 1. Calculate Expected Return. Show your steps. 13 pts] II. Calculate Variance. Show your steps. [7 pts) For the toolbar, press ALT+F10 (PC) or ALT-FN+F 10 (Mac). y Paragraph Arial 10pt ili 1 - . on 3:33 PM Click Save and Submit to save and submit. Click Save All Answers to save all answers

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