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The following table shows the nominal returns on Brazilian stocks and the rate of inflation. Year Nominal Return ( % ) Inflation ( % )

The following table shows the nominal returns on Brazilian stocks and the rate of inflation.
Year Nominal Return (%) Inflation (%)
20150.16.2
2016-14.06.3
2017-12.06.8
2018-41.811.1
201966.66.7
202027.33.3
What was the standard deviation of the market returns?
Note: Use decimals, not percents, in your calculations. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
Calculate the average real return.
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.

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