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9-33 Risk, Return, and Their Relationship Consider the following annual returns of Estee Lauder and Lowes Companies: Years Estee Lauder Lowe's companies Year 1 23.4

9-33 Risk, Return, and Their Relationship Consider the following annual returns of Estee Lauder and Lowes Companies:

Years Estee Lauder Lowe's companies
Year 1 23.4 -6
Year 2 -26 16.1
Year 3 17.6 4.2
Year 4 49.9 48
Year 5 -16.8 -19

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