Based on the following information:

Qtr. Ended	Return	Return - Avg. Return	[Return-Avg. Return]2
9/30/1993	0.2142	0.1661	0.0276
12/31/1993	-0.1388	-0.1868	0.0349
3/31/1994	-0.1083	-0.1564	0.0245
6/30/1994	-0.0542	-0.1023	0.0105
9/30/1994	-0.0041	-0.0522	0.0027
12/30/1994	0.0391	-0.0090	0.0001
3/31/1995	0.1952	0.1472	0.0217
6/30/1995	0.2414	0.1933	0.0374
Total	0.3845	0.0000	0.1593

The variance of return is

• A.

  0.0000

• B.

  0.0228

• C.

  0.0549

• D.

  0.1509

• E.

  0.4143