The following spreadsheet contains monthly returns for Cola Co. and Gas Co. for

2013.

Using thesedata, estimate the average monthly return and the volatility for each stock.

Month	Cola Co.	Gas Co.
January	2.80%	5.90%
February	3.00%	1.50%
March	1.80%	1.30%
April	4.70%	2.50%
May	0.60%	1.70%
June	11.10%	14.40%
July	1.60%	9.30%
August	0.50%	2.80%
September	5.00%	1.20%
October	1.40%	0.00%
November	1.50%	12.00%
December	0.70%	3.00%

The average monthly return for Cola Co. is

enter your response here%.

(Round to two decimal places.)