Business
Business, 13.08.2020 16:01, kiyomi58

If the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the economy falls into a recession, the stock's return is projected at a negative 11.6 percent. The probability of a normal economy is 70 percent while the probability of a recession is 30 percent. What is the variance of the returns on this stock

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If the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the econom...

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