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RTF stock is expected to return 13 percent in a normal economy and lose 8 percent in a recession. The probability of a recession is

RTF stock is expected to return 13 percent in a normal economy and lose 8 percent in a recession. The probability of a recession is 25 percent. What is the variance of the returns on RTF stock?

.009394.008269.009093.007864.008760

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