Returns carned over a given time period are calied realized returns. Historical data on realized returns is often used to estimate future results. Analysts across companies use realized stock returns to estimate the risk of a stock. Consider the case of Falcon Freight Inc. (FF): Flve years of realized returns for Ff are given in the following table. Remember: 1. While FF was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are calculated as arithmetic returns. 3. The historical returns for ff for 2014 to 2018 are: Grven the preceding data, the average realized return on FF's stock is The preceding dato series represents of TT's historical returns. Based on this conclusion, the standard deviation of FF's historical returns is If investors expect the average realized return from 2014 to 2018 on FFs stock to continue into the future, its coefhelent of variation (CV) will be