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Below you see the closing stock prices for 4 quarters. Calculate the holding period returns for each quarter. What are the average holding period returns

Below you see the closing stock prices for 4 quarters. Calculate the holding period returns for each quarter. What are the average holding period returns (arithemetic mean) and the standard deviation? Using financial calculator.

Months Stock Prices Holding Period Returns

Oct 2004 100 -----

Jan 2005 103

April 2005

July 2005

October 2005

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