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The following spreadsheet contains monthly returns for Cola Co. and Gas Co. for . Using these data, estimate the average monthly return and the volatility

The following spreadsheet contains monthly returns for Cola Co. and Gas Co. for . Using these data, estimate the average monthly return and the volatility for each stock.

Cola Co. (%) Gas Co. (%)

January 0.0030 0.0150

February -0.0470 -0.0130

March 0.0396 0.0540

April 0.0190 -0.0130

May 0.0390 0.0450

June -0.0680 -0.0730

July -0.0230 -0.1010

August 0.0750 0.0570

September 0.0640 -0.0540

October 0.0800 -0.0300

November -0.0638 -0.0530

December 0.0540 -0.0060

The average monthly return for Cola Co. is ___

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