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Suppose that observations on a stock price (in dollars) at the end of each of 15 consecutive weeks are as follows: 50, 51, 52, 49,

Suppose that observations on a stock price (in dollars) at the end of each of 15 consecutive weeks are as follows: 50, 51, 52, 49, 54, 56, 54, 53, 52, 55, 57, 60, 57, 57, 55. Estimate the annual volatility. 1. 0.3311 2. 0.2581 3. 0.1337 4. 0.0459

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