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Business, 24.12.2019 23:31 celeste2627

If the economy booms, rtf, inc. stock is expected to return 12 percent. if the economy goes into a recessionary period, then rtf is expected to only return 5 percent. the probability of a boom is 79 percent while the probability of a recession is 21 percent. what is the variance of the returns on rtf, inc. stock?

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