1. While BLM was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are calculated as arithmetic returns. 3. The historical returns for BLM for 2014 to 2018 are:

	2014	2015	2016	2017	2018
Stock Return	3.75%	2.55	4.50	6.30	1.95

Given the preceding data, the average realized return on BLMs stock is ___. (11.81, 9.53, 7.62, 3.81)

The preceding data series represents ___ (sample, population, universe) of BLMs historical returns. Based on this conclusion, the standard deviation of BLMs historical returns is ___. (2.31, 1.32, 1.71, 1.53).

If investors expect the average realized return from 2014 to 2018 on BLMs stock to continue into the future, its coefficient of variation (CV) will be ___. (0.83, 0.45, 0.38, 0.52)