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If the returns on ExxonMobil Corporation are distributed lognormally with a mean of 13% and a volatility of 0.52, the variance of simple returns over
If the returns on ExxonMobil Corporation are distributed lognormally with a mean of 13% and a volatility of 0.52, the variance of simple returns over a one-year holding period is:
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0.7264
0.5277
3.9269
0.2704
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