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You have been given this probability distribution for the holding-period return for KMP stock: Stock of the Economy Probability HPR Boom 0.30 18% Normal growth 0.50 12% Recession 0.20 5% What is the expected variance for KMP stock? 69.96% 66.04% O 78.45% O 77.04% 63.72%

You have been given this probability distribution for the holding-period return for KMP stock: Stock of the Economy Probability HPR Boom 0.30 18% Normal growth 0.50 12% Recession 0.20 5% What is the expected variance for KMP stock? 69.96% 66.04% O 78.45% O 77.04% 63.72%

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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You have been given this probability distribution for the holding-period return for KMP stock: Stock of the Economy Probability HPR Boom 0.30 18% Normal growth 0.50 12% Recession 0.20 5% What is the expected variance for KMP stock? 69.96% 66.04% O 78.45% O 77.04% 63.72%
Transcribed Image Text:You have been given this probability distribution for the holding-period return for KMP stock: Stock of the Economy Probability HPR Boom 0.30 18% Normal growth 0.50 12% Recession 0.20 5% What is the expected variance for KMP stock? 69.96% 66.04% O 78.45% O 77.04% 63.72%
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