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You have been given this probability distribution for the holding-period return for KMP stock: HPR Probability 0.30 18% Stock of the Economy Boom Normal Growth

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You have been given this probability distribution for the holding-period return for KMP stock: HPR Probability 0.30 18% Stock of the Economy Boom Normal Growth Recession 0.50 12% 0.20 -5% What is the expected variance for KMP stock? 63.72 66.04 78.45 69.96 77.04

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