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The last four years of returns for a stock are asfollows: Year 1 2 3 4 Return 4.5% 28.4% 12.2% 3.7% a. What is the

The last four years of returns for a stock are asfollows:

Year

1 2 3 4

Return

4.5% 28.4% 12.2% 3.7%

a. What is the average annualreturn?

b. What is the variance of thestock's returns?

c. What is the standard deviation of thestock's returns?

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