You Have Been Given This Probability Distribution for the Holding-Period

question 19

Multiple Choice

You have been given this probability distribution for the holding-period return for a stock: $\begin{array}{lcc} \text { Stock of the Economy } & \text { Probability} & \text {HPR } \\ \text { Boom } &0.40&22\%\\ \text { Normal growth } &0.35&11\%\\\text { Recession }&0.25&-9\%\end{array}$



What is the expected variance for the stock?

• A) 142.07%
• B) 189.96%
• C) 177.04%
• D) 128.17%
• E) None of the options are correct.

Understand the historical foundations and key components of the Civil Rights Act of 1964.

Recognize the impact of landmark Supreme Court rulings on civil rights and equality.

Identify legislation and Supreme Court decisions that have shaped affirmative action policies.

Grasp the significance of the Voting Rights Act and subsequent amendments to the voting rights landscape.

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Definitions:

Secondary Consumer

An organism that primarily eats primary consumers and is typically a carnivore or an omnivore in a food chain.

Food Chain

A food chain describes a series of creatures each dependent on the next as a source of food, illustrating the flow of energy and nutrients from one organism to another across an ecosystem.

Organism

A living entity made up of one or more cells that is capable of growth, reproduction, and response to stimuli like bacteria, plants, and animals.

Stable Ecosystem

An ecosystem that remains relatively constant in its composition of species and the transfer of energy over time, demonstrating resilience to disturbances.