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Calculating Returns and Variability [ LO 1 ] You ve observed the following returns on Pine Computer s stock over the past five years: 8

Calculating Returns and Variability [LO1] Youve observed the following returns on Pine Computers stock over the past five years: 8 percent, 12 percent, 14 percent, 21 percent, and 16 percent.
What was the arithmetic average return on the companys stock over this five-year period?
What was the variance of the companys returns over this period? The standard deviation?

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