Question

In the next year, you expect ANZ shares have a 20% chance of earning 10 percent...

In the next year, you expect ANZ shares have a 20% chance of earning 10 percent return, a 50% chance of earning only 2 percent and a 30% chance of earning -10 percent. Based on this, what is the variance of ANZ's expected return?

A. 7.2110

B. 0.0052

C. 0.0000

D. 5.20%

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