Youve observed the following returns on skynet data, Finance Basics

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Youve observed the following returns on skynet data

Question: You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 21 percent, 17 percent, 26 percent, -7 percent, and 4 percent.

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

b. What was the variance of the company's returns over this period? The standard deviation?

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Finance Basics: Youve observed the following returns on skynet data

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