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The returns on shares of Valley Transporter are predicted under the following various economic conditions: Recession - 0 . 1 3 Normal + 0 .

The returns on shares of Valley Transporter are predicted under the following various economic conditions:
Recession -0.13
Normal +0.03
Boom +0.27
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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