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Problem 8-05 Two investments generated the following annual returns: Investment X Investment Y 20x0 14 % 19 % 20X1 16 28 20X2 30 15 20X3

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Problem 8-05 Two investments generated the following annual returns: Investment X Investment Y 20x0 14 % 19 % 20X1 16 28 20X2 30 15 20X3 15 9 20X4 10 8 8 a. What is the average annual return on each investment? Round your answers to one decimal place. The average annual rate of return on X: % The average annual rate of return on Y: % b. What is the standard deviation of the return on investments X and Y? Round your answers to two decimal places. Standard deviation of X: Standard deviation of Y: c. Based on the standard deviation, which investment was riskier? -Select- v was riskier

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