Question: Help Save & EX A stock has an expected rate of return of 13.5%. The rate of return for this stock is 9% if the

Help Save & EX A stock has an expected rate of

Help Save & EX A stock has an expected rate of return of 13.5%. The rate of return for this stock is 9% if the state of the economy is recession, 14% the state of the economy is normal, and 18% if the state of the economy is expansion. The probability for each state of the economy is 30% 45%, and 25%, respectively. What is the variance for this stock? Do not round Intermediate calculations. Round the final answer to 5 decimal places. Omit any commas in your response. For example, an answer of 100050 should be entered as 1000.50. Numeric Response

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