Consider an investment with the following returns over four years:

1 2 3 4

-3.8% 27.6% 11.9% 4.4%

Note: Notice that the average return and standard deviation must be entered in percentage format. The variance must be entered in decimal format.(

a.) What is the average annual return?

The average return is ....%. (Round to two decimal places.)

b.) What is the compound annual growth rate (CAGR) for this investment over the four years?

CAGR is ......%. (Round to two decimal places.)

c.) What is the variance of the stock's returns?

The Variance of the returns is ...... (Round to five decimal places.)

d.) What is the standard deviation of the stock's returns?

The standard deviation is...... %. (Round to two decimal places.)