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Year 1 2 3 4 Return 4.1% 27.7% 12.3% 3.6% a. What is the average annual return? b. What is the variance of the stock's

Year

1

2

3

4

Return

4.1%

27.7%

12.3%

3.6%

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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Part 1

a. What is the average annual return?

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