2. Compute daily volatilities for 1991 through 2004 for IBM, Xerox, and the S&P 500 index. Annualize

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2. Compute daily volatilities for 1991 through 2004 for IBM, Xerox, and the S&P 500 index. Annualize by multiplying by

252. How do your answers compare to those in Problem 1?

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