Question: A mutual fund has five equally likely outcomes: 15%, -7%, 5%, 2%, and -1%. Calculate the variance of the rate of return. 0.53% 0.26% 0.10%

A mutual fund has five equally likely outcomes: 15%, -7%, 5%, 2%, and -1%. Calculate the variance of the rate of return.

0.53%

0.26%

0.10%

0.14%

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