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The following equally likely outcomes have been estimated for the returns on Portfolio G and Portfolio H: Scenario Portfolio G Portfolio H 1 5.0% 9.0%
The following equally likely outcomes have been estimated for the returns on Portfolio G and Portfolio H: Scenario Portfolio G Portfolio H 1 5.0% 9.0% 2 3.0% -7.0% 3 9.0% 15.0% 4 9.0% -4.0% Calculate the variances of the rate of return for the two portfolios. Round your answer to the nearest tenth of a percent.
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