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7. Calculating Returns and Variability [LO1] Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y.

7. Calculating Returns and Variability [LO1] Using the following returns, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. Year 1 2 3 4 LO 5 O Returns X 13% 26 7 -5 11 Y 27% 36 11 -29 16 Page 423

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