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There is a 60 percent probability that a stock will earn 9.5 percent, a 35 percent probability that it will earn 11.7 percent, and a
There is a 60 percent probability that a stock will earn 9.5 percent, a 35 percent probability that it will earn 11.7 percent, and a 5 percent probability that it will lose 7.6 percent. What is the variance of these returns? a. 0.001408 b. 0.001492 c. 0.001584 d. 0.001631 6 pts
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