If we constructed a chart like a figure 2.2 below for a typical S&P 500 stocks, do you think it would show more or less volatility? Explain.

FIGURE 2.2 S&P 500 Index, Total Returns: Dividend Yield + Capital Gain or Loss, 1968-2016 Returns (96) 50.00 40.00 30.00 20.00 10.00 0.00 - 10.00 -20.00 -30.00 - - 40.00 1968 1973 1978 1983 1988 1993 1998 2003 2008 2013 2018 Years