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

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Five years of realized returns for CCC are given in the following table. Remember: 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 2012 to 2015 are: 2012 2013 2014 2015 2016 Stock return 1.25% 7.65% 3.50% 8.90% 5.85% Given the preceding data, the average realized re n on CCC's stock is tur of CCC's historical returns. Based on this conclusion, the The preceding data series represents standard deviation of CCC's historical returns is If investors expect the average realized return from 2012 to 2016 on CCC's stock to continue into the future, its coefficient of variation (CV) will be

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