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The last four years of returns for a stock are as follows: Year 1 2 3 4 Return 3.7% 27.6% 12.4% 3.9% a. What is

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

Year

1

2

3

4

Return

3.7%

27.6%

12.4%

3.9%

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?

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