Question: Outcome Probability Return Boom 60% 0.30 Normal 25% 0.18 Recession 10% 0.11 Depression 5% 0.09 What is the variance of this asset's returns

 Outcome Probability Return Boom 60% 0.30 Normal 25% 0.18 Recession 10%

Outcome Probability Return Boom 60% 0.30 Normal 25% 0.18 Recession 10% 0.11 Depression 5% 0.09 What is the variance of this asset's returns

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