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A stock DEF has the following payoffs probabilities:

A stock DEF has the following payoffs probabilities: Probability
0.3 0.45 0.25

Payoff

$50 $85 $90

What is the Variance of payoffs of the stock?

Note: The numbers for this question may have been changed from the previous question.

Give your answer for Variance as a number and not a percentage.

 
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