Variance of the stock returns over this period

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You’ve observed the following returns on SkyNet Data Corporation’s stock over the past five years: 11 percent, –11 percent, 18 percent, 23 percent, and 10 percent.

a. What was the arithmetic average return on the stock over this five-year period?

b. What was the variance of the stock’s returns over this period?

Reference no: EM131556514

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