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Use the information from this table to find the variance for each asset. Return on State of Economy Probability of State Return on Asset K

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Use the information from this table to find the variance for each asset. Return on State of Economy Probability of State Return on Asset K Asset Boom 30% 5% 24% Growth 40% 5% 12% Stagnant 20% 5% 4% Recession 10% 5% -10%

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