Question: Outcome Probability Return Boom 60% 0.30 Normal 25% 0.24 Recession 10% 0.13 Depression 5% 0.04 What is the variance of this asset's returns?
| Outcome | Probability | Return |
| Boom | 60% | 0.30 |
| Normal | 25% | 0.24 |
| Recession | 10% | 0.13 |
| Depression | 5% | 0.04 |
What is the variance of this asset's returns?
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