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Bird Corporation has a 0.1 probability of a return of -0.23, a 0.1 probability of a...

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Finance

Bird Corporation has a 0.1 probability of a return of -0.23, a0.1 probability of a rate of return of 0.07, and the remainingprobability of a -0.10 rate of return. What is the variance in theexpected rate of return of Bird Corporation?

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Transcribed Image Text

Bird Corporation has a 0.1 probability of a return of -0.23, a0.1 probability of a rate of return of 0.07, and the remainingprobability of a -0.10 rate of return. What is the variance in theexpected rate of return of Bird Corporation?

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