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What is the variance of the returns on a security given the following information? State of the Economy Probability E(R) Boom 0.30 16% Normal 0.45

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What is the variance of the returns on a security given the following information? State of the Economy Probability E(R) Boom 0.30 16% Normal 0.45 10% Recession 0.25 -8% OA) 48.18 OB) 56.23 OC) 72.87 OD) 84.41 E) 91.35

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