
The common stock of Air Express had annual returns of 11.7 percent, 8.8 percent, 16.7 percent, and −7.9 percent over the last four years, respectively. What is the standard deviation of these returns?
A) 8.29 percent
B) 9.14 percent
C) 11.54 percent
D) 7.78 percent
E) 10.66 percent
Correct Answer:
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