If the economy booms,RTF,Inc.stock is expected to return 12%.If the economy goes into a recessionary period,then RTF is expected to only return 5%.The probability of a boom is 60% while the probability of a recession is 40%.What is the variance of the returns on RTF,Inc.stock?
A).000200
B).000760
C).000864
D).001120
E).029394

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The Answer of If the economy booms,RTF,Inc.stock is expected to return 12%.If the economy goes into a recessionary period,then RTF is expected to only return 5%.The probability of a boom is 60% while the probability of a recession is 40%.What is the variance of the returns on RTF,Inc.stock?
A).000200
B).000760
C).000864
D).001120
E).029394

If the Economy Booms,RTF,Inc