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State Probability(State) Stock A Stock B Boom 20% 0.18 -0.05 Normal 45% 0.06 0.15 Bust 15% -0.09 0.03 With following information on two stocks above,

State Probability(State) Stock A Stock B

Boom 20% 0.18 -0.05

Normal 45% 0.06 0.15

Bust 15% -0.09 0.03

With following information on two stocks above, calculate the variance of Stock A. (Enter percentages as decimals and round 4 places.)

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