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Stock Q has the following returns for various states of the economy: State of the Economy Probability Stock W's Return Recession 10% -30% Below Average
Stock Q has the following returns for various states of the economy:
| State of the Economy | Probability | Stock W's Return |
| Recession | 10% | -30% |
| Below Average | 20% | -2% |
| Average | 40% | 10% |
| Above Average | 20% | 18% |
| Boom | 10% | 40% |
Stock Q's variance of returns is _______.
- A. 288.36 %^2.
- B. 14%.
- C. 196 %^2.
- D. 17%.
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Management Accounting
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
6th Edition
0077185536, 978-0077185534
