Business, 06.12.2019 05:31 icantspeakengles

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 80 percent while the probability of a recession is 20 percent. what is the variance of the returns on this stock?
a. 0.010346
b. 0.012634
c. 0.013420
d. 0.013927
e. 0.014315

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If the economy is normal, charleston freight stock is expected to return 16.5 percent. if the econom...