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Five years of realized returns for BLM are given in the following table. Remember: 1. While BLM was started 40 years ago, its common stock

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Five years of realized returns for BLM are given in the following table. Remember: 1. While BLM 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 BLM for 2012 to 2016 are: 2012 16.25% 2013 11.05% 2014 19.50% 2015 27.30% 2016 8.45% Stock return Given the preceding data, the average realized return on BLM's stock is 16.51% the universe of BLM's historical returns. Based on this conclusion, the standard deviation of BLM'S The preceding data series represents historical returns is If investors expect the average realized return from 2012 to 2016 on BLM's stock to continue into the future, its coefficient of variation (CV) will be

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