Over the past 4 years an investment returned 22%, -4%, -23%, and 10%. What is the standard deviation of returns?

Multiple Choice

• 0.1360

• 0.2010

• 0.1340

• 0.1675

What would be the approximate expected price of a stock when dividends are expected to grow at a 21% rate in each of years 2 and 3, and then grow at a constant rate of 5% if the stock's required return is 14% and next year's dividend will be $3.30?

Multiple Choice

• $39.67

• $54.88

• $68.64

• $47.28