If the economy booms, the Wildcat Company stock will have a return of 23.4 percent. If...

 

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If the economy booms, the Wildcat Company stock will have a return of 23.4 percent. If the economy goes into a recession, the stock will have a loss of 14.2 percent. The probability of a boom is 65 percent while the probability of a recession is 35 percent. What is the variance? Convert to a percentage and round to one place past the decimal point. Numeric Response If the economy booms, the Wildcat Company stock will have a return of 23.4 percent. If the economy goes into a recession, the stock will have a loss of 14.2 percent. The probability of a boom is 65 percent while the probability of a recession is 35 percent. What is the variance? Convert to a percentage and round to one place past the decimal point. Numeric Response

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