Business, 16.04.2020 18:05 cvhufjbvbcxx2406

A stock will have a loss of 9.9 percent in a bad economy, a return of 9.7 percent in a normal economy, and a return of 23.6 percent in a hot economy. There is 21 percent probability of a bad economy, 48 percent probability of a normal economy, and 31 percent probability of a hot economy. What is the variance of the stock's returns? Multiple Choice .01054 .02811 .01405 .02108 .11855

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A stock will have a loss of 9.9 percent in a bad economy, a return of 9.7 percent in a normal econom...

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