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You may attempt this question 2 more times for credit. The returns on shares of Valley Transporter are predicted under the following various economic conditions:

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You may attempt this question 2 more times for credit. The returns on shares of Valley Transporter are predicted under the following various economic conditions: Recession -0.12 Normal +0.04 Boom +0.23 If each economy state has the same probability of occurring (33.33%), what is the variance of the stock? Place your answer in decimal form using four decimal places. CHECK

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