CH. 08 Q3

Five years of realized returns for CCC are given in the following table. Remember: 1. While ccC was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are calculated as arithmetic returns. 3. The historical returns for CCC for 2014 to 2018 are: Given the precoding data, the average realized return on ccc's stock is The preceding data iefies reoresents of cccs historical returns, Based on this conclusion, the standard deviation of cccs Histancal returns is H investert expect the average realized retuin from 2014 to 2010 in cccs stock to continue into the future, its coefficient of variation (CV) will be