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3. Ambrose Financial classify shares in the emerging sector as low, medium or high risk. In recent years, these have had mean annual return of

3. Ambrose Financial classify shares in the emerging sector as low, medium or high risk. In recent years, these have had mean annual return of 9.2%, 17.0%, and 14.8%, respectively. The standard deviation have been 3.9%, 9.8% and 13.6%, respectively. What does this tell you?

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