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The last four years of returns for a stock are as shown here: Year 1 2 3 4 Return -4.1% +28.3% +11.6% +4.4% a. What

The last four years of returns for a stock are as shown here:

Year 1 2 3 4
Return -4.1% +28.3% +11.6% +4.4%

a. What is the average annual return?

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

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

Note: Notice that the average return and standard deviation must be entered in percentage format. The variance must be entered in decimal format.

The average return is 10.05%. (Round to two decimal places.) The variance of the returns is 0.01892. (Round to five decimal places.) The standard deviation is 13.75%. (Round to two decimal places.)

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