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Emmons Corporation has a 0.3 probability of a return of -0.03, a 0.2 probability of...

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Accounting

Emmons Corporation has a 0.3 probability of a return of -0.03, a 0.2 probability of a rate of return of 0.07, and the remaining probability of a 0.5 rate of return. What is the variance in the expected rate of return of Emmons Corporation?

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