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The returns on shares of Valley Transporter are predicted under the following various economic conditions: Recession -0.13 Normal +0.08 Boom +0.22 If each economy state

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The returns on shares of Valley Transporter are predicted under the following various economic conditions: Recession -0.13 Normal +0.08 Boom +0.22 If each economy state has the same probability of occurring (33.33%), what is the variance of the stock? Place your answer in decimal form using four decimal places

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