Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. returns on shares of lattice are predicted as foll

Returns on shares of Lattice are predicted as follows: Lattice earns 0.10 return in recession...

90.2K

Verified Solution

Question

Finance

  1. Returns on shares of Lattice are predicted as follows: Lattice earns 0.10 return in recession and 0.20 return in a boom. An economist attributes a 0.40 chance of a recession and a 0.60 chance of a boom. Which of the following is closest to lattices variance? PLEASE SHOW YOUR WORK
  1. 0.0024
  2. 0.0056
  3. 0.0034
  4. 0.0083
  5. 0.0093

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Annie and Alvie have agreed to meet between 5:00 P.M. and 6:00 P.M. for dinner at...

Basic Math
1.2K views

Answer the following questions and use Excel or this document to show your work. 1. Consider the...

Physics
1.2K views

During lighting a current pulse shown in figure flows from the cloud at a height...

Basic Math
1.2K views

The personnel office at a large electronics firm regularly schedules job interviews and maintains records...

Algebra
1.2K views

In a family of four children what is the expected number of boys Boys Probability...

Algebra
1.2K views

Select the quadratic inequality that represents the graph O A O B 10 5 20...

Accounting
1.2K views

A company constructs a building for its own use. Construction began on January...

Accounting
1.2K views

Transaction 1: John Smith deposited $30,000 cash into the new business' bank Transaction 2:...

Accounting
1.2K views

"Two dollars of gross margin per briefcase? That's ridiculous!" roared Roy Thurmond, president of First-Line...

Accounting
1.2K views

a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is...

Accounting
1.2K views

what are characteristics of opportunity cost

Accounting
1.2K views

Assuming that the bonds are reclassified Into financial asset at FVOCI, the initial entry on...