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The following data have been developed for the FTLQ ( Finally , the last question ) Company: State Probability Market Return, Rm Return for the

The following data have been developed for the FTLQ (Finally, the last question) Company:
State Probability Market Return, Rm Return for the Firm, Rk
10.1-0.15-0.30
20.30.050.00
30.50.150.2
40.10.200.5
The risk-free rate is 3%. Calculate the following.
a) The expected market return
b) The variance of the market return
c) The expected return of the FTLQ Company
d) Cov (Rm, RFTLQ)

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