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State of Economy Probability Very Poor 0.40 -2% ABC Company Expected Return XYZ Company Expected Return -6% Poor 0.30 0% 0% Good 0.15 10%
State of Economy Probability Very Poor 0.40 -2% ABC Company Expected Return XYZ Company Expected Return -6% Poor 0.30 0% 0% Good 0.15 10% 11% Very Good 0.15 14% 20% Expected Return 2.80% 2.25% A) Calculate the variance of ABC. (2 Mark) Please answer as a decimal to 4 decimal places. Answer:
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Financial Reporting and Analysis Using Financial Accounting Information
Authors: Charles H. Gibson
13th edition
1285401603, 1133188796, 9781285401607, 978-1133188797
