A project with an initial investment of $449,300 will generate equal annual cash flows over its 10-year life. The project has a required return of 8.9 percent. What is the minimum annual cash flow required to accept the project?

$74,638.31

$64,435.34

$79,659.56

$66,657.24

$69,702.11

An asset has an average return of 10.55 percent and a standard deviation of 19.35 percent. What range of returns should you expect to see with a 68 percent probability?

47.50% to 68.60%

8.80% to 29.90%

28.15% to 49.25%

18.48% to 39.58%

8.80% to 12.30%

A stock had returns of 14.43 percent, 18.87 percent, 14.99 percent, 12.39 percent, and 25.37 percent for the past five years. What is the variance of the returns?

.02872

.00282

.02393

.15471

.03191