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QUESTION
Jacks Corporation has a 0.1 probability of a return of 0.18, a 0.4 probability of a rate of return of 0.07, and the remaining probability of a 0.2...
Jacks Corporation has a 0.1 probability of a return of 0.18, a 0.4 probability of a rate of return of 0.07, and the remaining probability of a 0.2 rate of return. What is the variance in the expected rate of return of Jacks Corporation?
