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Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, 10 percent, 23 percent, 20 percent, and 16 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, 10 percent, 23 percent, 20 percent, and 16 percent. What was the arithmetic average return on the company's stock over this five-year period? What was the variance of the company's returns over this period?
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