A stock produced returns of 11 percent, 19 percent, and 2 percent over three of the past four years, respectively.The arithmetic average for the past four years is 9 percent.What is the standard deviation of the stock's returns for the four-year period?
A) 5.46 percent
B) 8.54 percent
C) 9.09 percent
D) 6.83 percent
E) 7.70 percent
Correct Answer:
Verified
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