QUESTION 11 An asset had returns of 7.7.5.4, 3.6, -4.2, and -1.3 percent, respectively, over the past five years. What is the variance of these returns? 0.00216 0.00240 0.00184 0.00259 0.00173 QUESTION 12 A frequency distribution, which is completely defined by its average (mean) and variance or standard deviation is referred to as an variance distribution expected rate of return average arithmetic return. average geometric return. normal distribution