Question: Finance Question. Will upvote. There is a probability 0.64 that a new law is passed granting some tax credits to small businesses. If it does,

Finance Question. Will upvote.

There is a probability 0.64 that a new law is passed granting some tax credits to small businesses. If it does, we expect investors of Small-Retailers to achieve a return of 0.18. Else, investors may expect a lower return of 0.06. Can you estimate the variance of this rate of return? Type your answer as decimal (i.e. 0.052 and not 5.2%). Round your answer to the nearest four decimals if needed

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