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Billy Bobs Burger Corporation has generated a mean return of 18% with a standard deviation of 12%. Freddys Fish and Chips, Inc. is a competitor

Billy Bob’s Burger Corporation has generated a mean return of 18% with a standard deviation of 12%. Freddy’s Fish and Chips, Inc. is a competitor of Bob’s. Freddy’s stock has generated a mean return of 18% with a standard deviation of 4%. Which of the stocks represents the greater financial risk? Illustrate by computing the 95% certain expected range of returns for Freddy’s and compare the results with those for Bob’s.

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