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The last four years of returns for a stock are as follows: Year 1 2 3 4 Return -3.8% 27.6% 12.1% 3.7% Av return =

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

Year 1 2 3 4

Return -3.8% 27.6% 12.1% 3.7%

Av return = 9.9%

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

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