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The annual returns of frm A ' s stock are the following in the past 5 years: 5 % , 6 % , - 1

The annual returns of frm

'

s stock are the following in the past

5

years:

5 %, 6 %, - 1 %, 2 %, 8 % .

What is the standard deviation of firm

'

s stock returns.

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