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Year Return 1 35% 2 13% 3 9% 4 -12% 5 29% 6 16% 7 11% 8 -9% 9 46% 10 21% 11 -3% 12

Year Return
1 35%
2 13%
3 9%
4 -12%
5 29%
6 16%
7 11%
8 -9%
9 46%
10 21%
11 -3%
12 7%
13 19%
14 7%
15 5%
16 24%
17 6%
18 17%
19 -18%
20 16%
21 9%
22 15%
23 13%
24 6%
25 -20%

A) What is the Average Arithmetic Return?

B) What is the Average Geometric Return?

C) What is the variance?

D) What is the standard deviation?

E) What is the probability that the return will be greater than 12%?

Please use Excel functions.

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