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A stock delivered the following annual returns over the last 4 years: Year 1 2 3 4 Return 7% 3% -8% 4% Part 1 What
A stock delivered the following annual returns over the last 4 years:
Year | 1 | 2 | 3 | 4 |
Return | 7% | 3% | -8% | 4% |
Part 1
What was the arithmetic average return over the 4 years?
Part 2
What is the standard deviation of the stock's return based on the historical data?
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