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The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, 2 percent, 3 percent, and 14
- The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, 2 percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Companys stock were 16 percent, 18 percent, 6 percent, 1 percent, and 22 percent. (8 points)
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- What was the arithmetic and geometric average return on each stock over this period?
- Calculate the variances and the standard deviations for Cherry and Straw.
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