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Five years of realized returns for Falcon Freight (FF) Inc. are given in the following table Remember: 1. While FF was started 40 years ago,

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Five years of realized returns for Falcon Freight (FF) Inc. are given in the following table Remember: 1. While FF 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. 2011 2012 2013 2014 2015 Stock return 12.50% 8.50% 15.00% 21.00% 6.50% Given the preceding data, the average realized return on FF's stock is The preceding data series represents standard deviation of FF's historical returns is ofFstorcal returns. Based on this condusion, the

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