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Please show a step by step of how you find the standard deviations. Given the annual returns below, which investment is the most risky (using

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Please show a step by step of how you find the standard deviations.

Given the annual returns below, which investment is the most risky (using standard deviation as the risk measure)? Investment Investment Investment Investment A B C D Year 4% 1 8% 9% -6% Year -3% 2 -7% -10% -9% Year 8% 3 13% 23% 11%

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