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An investment generated the following annual returns. Year Investment 2017 22% 2018 -15% 2019 29% The investment's average return over this period was 12.0%. What

An investment generated the following annual returns.

Year Investment

2017 22%

2018 -15%

2019 29%

The investment's average return over this period was 12.0%. What is the standard deviation of the return on this investment?

23.64%

16.22%

24.57%

22.15%

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