If each economy state has the same probability of occurring, Financial Management

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If each economy state has the same probability of occurring

The return on shares of Valley Transporter is predicted under the following various economic conditions:

Recession -0.11

Normal +0.09

Boom +0.25

If each economy state has the same probability of occurring, what is the variance of the stock?

Place your answer in decimal form using four decimal places.

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Financial Management: If each economy state has the same probability of occurring

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Financial Management: If each economy state has the same probability of occurring

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