Question: Outcome Probability Return Boom 60% 0.26 Normal 25% 0.19 Recession 10% 0.14 Depression 5% 0.10 What is the variance of this asset's returns?
Outcome Probability Return
Boom 60% 0.26
Normal 25% 0.19
Recession 10% 0.14
Depression 5% 0.10
What is the variance of this asset's returns?
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