1. Your stock investments return 8%, 12%, and -4% in consecutive years. What is the variance?

A)0.0069

B)0.0096

D)0.0036

D)0.0049

E)0.0089

2. What would be the standard deviation of the returns 8%, 12%, and -4% in consecutive years?

A) 4.33%

B) 5.35%

C) 6.33%

D) 3.65%

E) 8.31%