Returns earned over a given time period are called 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. Five years of realized returns for Celestial Crane Cosmetics (CCC) Inc. are given in the following table. Remember: While CCC was started 40 years ago, its common stock has been publicly traded for the past 25 years. The returns on its equity are calculated as arithmetic returns. Given the preceding data, the average realized return on CCC's stock is _______. Based on economic conditions, you've compiled the following information with estimates of returns from CCC's stock and the probabilities associated with the economic condition for the next year: Using this information, calculate the standard deviation of returns from Celestial Crane Cosmetics's stock. 6.25% 65.66% 5.95% 35.36% If investors expect the average realized return on CCC's stock from 2011 to 2015 to continue into the future, what will be its coefficient of variation (v)? 5.72 2. 60 3.55 3.09