Given the holding-period returns shown here, calculate the average returns and the standard deviations for the Kaifu Corporation and for the market. MONTH KAIFU CORP. MARKET

1 5% 3%

2 7% 3%

3 1% 1%

4 2% -3%

a. The average monthly return for Kaifu Corporation is %. (Round to two decimal places.)

The average monthly return for the market is %. (Round to two decimal places.)

b. The standard deviation for Kaifu Corporation is %. (Round to two decimal places.)

The standard deviation for the market is %. (Round to two decimal places.)