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

The returns on shares of Valley Transporter are predicted under the following various economic conditions:
Recession -0.11
Normal +0.08
Boom +0.25
If each economy state has the same probability of occurring (33.33%), what is the variance of the stock?

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