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12. Consider the following information: (10 points) State of Economy Probability of State of Rate of Return Economy Boom .30 .18 Normal .63 .11 Recession

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12. Consider the following information: (10 points) State of Economy Probability of State of Rate of Return Economy Boom .30 .18 Normal .63 .11 Recession .05 -06 a. What is the mean of the returns on this stock? b. What is the variance of the returns on this stock? C. What is the standard deviation of the returns on this stock

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