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The following table gives dividend and share price data for Hind Manufacturing Company. Year Dividend Per Share (t) 2.50 2.50 2.50 3.00 3.00 3.25

The following table gives dividend and share price data for Hind Manufacturing Company. Year Dividend Per Share (t) 2.50 2.50 2.50 3.00 3.00 3.25 3.50 3.50 3.50 3.75 3.75 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Closing Share Price () 12.25 14.20 17.50 16.75 18.45 22.25 23.50 27.75 25.50 27.95 31.30 You are required to calculate: (0) the annual rates of return, (f) the expected (average) rate of rea (f) the variance, and (f) the standard deviation of returns.

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Step 1 Calculate Annual Rates of Return Rate of return Dividend per share Closing share price at year end Closing share price at beginning year 100 Cl... blur-text-image

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