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RTF stock is expected to return 11 percent in a normal economy and lose 15 percent...

RTF stock is expected to return 11 percent in a normal economy and lose 15 percent in a recession. The probability of a recession is 33 percent and the probability of a booming economy is zero. What is the variance of the returns on RTF stock?

Show Claculaions please !!!!

  • 0.019394

  • 0.017864

  • 0.014946

  • 0.013760

  • 0.019093

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