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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?
Tangible Products
Physical items that can be perceived by touch such as electronics, apparel, and automobiles.
Produces
Refers to the creation or manufacturing of goods and services for sale.
Social Responsibility
The obligation of a business to have a positive effect on society on four levels—economic, legal, ethical, and philanthropic.
Business's Obligation
The responsibilities and commitments a business has, including legal, financial, and ethical duties to its stakeholders.
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