Question
RTF stock is expected to return 11 percent in a normal economy and lose 15 percent in a recession. The probability of a recession is
RTF stock is expected to return 11 percent in a normal economy and lose 15 percent in a recession. The probability of a recession is 33 percent and the probability of a booming economy is zero. What is the variance of the returns on RTF stock?
Show Claculaions please !!!!
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0.019394
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0.017864
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0.014946
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0.013760
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0.019093
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
