The Probability and Return for the four financial instruments are given for your reference in the below table. State of Economy Probability Habib Bank Middle East Financials Pandemic 18% 2% 13% Recession 28% 16% 8% Normal 14% 9% 30% 35.785 Before Pandemic 40% 25% 40% 78.839 24.978 31.684 What is the variance of Middle East Financials during the pandemic state?

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter9: Forecasting Exchange Rates
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The Probability and Return for the four financial instruments are given for your reference in the below table.
State of Economy Probability
Habib Bank Middle East Financials
Pandemic
18%
2%
13%
Recession
28%
16%
8%
Normal
14%
9%
30%
35.785
Before Pandemic
40%
25%
40%
78.839
24.978
31.684
What is the variance of Middle East Financials during the pandemic state?
Transcribed Image Text:The Probability and Return for the four financial instruments are given for your reference in the below table. State of Economy Probability Habib Bank Middle East Financials Pandemic 18% 2% 13% Recession 28% 16% 8% Normal 14% 9% 30% 35.785 Before Pandemic 40% 25% 40% 78.839 24.978 31.684 What is the variance of Middle East Financials during the pandemic state?
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