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A firm you are analyzing has had the following returns the past 5 years: 2 7 . 0 % , 1 3 . 0 %

A firm you are analyzing has had the following returns the past 5 years: 27.0%,13.0%,18.0%,-14.0% and 10.0%. What are the standard deviation and variance of the past five year returns? Please show all steps.

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