Given the following year end stock closing prices for Manatee Tech Inc., calculate the annual holding period returns for each year from 2011 to 2014.

Year Price HPR

2010 $65

2011 $73 _______

2012 $70 _______

2013 $84 _______

2014 $104 _______

For the above holding period returns, what is the effective annual return if you purchased the stock in 2010 and sold it in 2014 at the prices listed?

what is the average annual HPR, the standard deviation of HPRs, and the coefficient of variation?