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. The current VIX index level is 23.50. What is the expected stock market (S&P 500) return variance over the next 30-day period computed by

. The current VIX index level is 23.50. What is the expected stock market (S&P 500) return variance over the next 30-day period computed by the risk-neutral probability? 1) 0.002152 2) 0.002932 3) 0.003852 4) 0.004602 5) 0.005832

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