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Comparative Returns on Four Types of Investments Investment Mean Return Standard Deviation Coefficient of Variation| Venture funds (adjusted) 12.2 10.0 All common stocks 10.6 10.0

Comparative Returns on Four Types of Investments Investment Mean Return Standard Deviation Coefficient of Variation| Venture funds (adjusted) 12.2 10.0 All common stocks 10.6 10.0 Real estate 7.5 12.4 Treasury bills 5.7 0.9

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