State of the Economy Probability of each state ABC Recession 20% -20% Boom 20% 35% Normal 60% 10% Please calculate the Expected Return for ABC stock and its Variance. . Question 8 options: Expected return for ABC stock is 9% and the Variance of ABC is 0.0304 Expected return for ABC stock is 9% and the Variance of ABC is 0.0758 Expected return for ABC stock is 8.33% and the Variance of ABC is 17.44% Expected return for ABC stock is 8.33% and the Variance of ABC is 0.0304.