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Given the following annual returns for Fort Corporation, Smith Industries and the market. Fort's Smith's Market Year Rate of Return (%) ROR (%) ROR (%)

Given the following annual returns for Fort Corporation, Smith Industries and the market.

Fort's Smith's Market

Year Rate of Return (%) ROR (%) ROR (%)

2012 6 5 -3

2013 10 15 8

2014 11 15 20

2015 10 10 10

2016 13 10 5

Calculate the risk, using range as a measure, for Smith Industries.

a.

5%

b.

7%

c.

10%

d.

13%

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