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Monty is planning to invest over the next 5-year period in ABC shares. The returns over the last 5 years for ABC shares have been

Monty is planning to invest over the next 5-year period in ABC shares. The returns over the last 5 years for ABC shares have been as follows:

Year

Annual Return

2004

2003

2002

2001

2000

15%

13%

14%

10%

8%

First, calculate the expected return and standard deviation of returns for if he were to invest in ABC shares alone.

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