Question $7$

$1$ pts

You have been given this probability distribution for the holding$-$period return for KMP stock:

Stock of the Economy

Boom

Normal growth

Recession

Probability

$0\mathrm{.}30$

$0\mathrm{.}50$

$0\mathrm{.}20$

HPR

$18\%$

$12\%$

$5\%$

What is the expected variance for KMP stock?

$69\mathrm{.}96\%$

$66\mathrm{.}04\%$

$78\mathrm{.}45\%$

$77\mathrm{.}04\%$

$63\mathrm{.}72\%$