1. While CCC 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 CCC for 2012 to 2016 are: 2012 2015 2016 2013 4.25% Stock return 2014 7.50% 6.25 10.50% 3.25% Given the preceding data, the average realized return on CCC's stock is The preceding data senes represents historical returns is of CCC's historicat returns. Based on this conclusion, the standard deviation of CCCS If investors expect the average realized return from 2012 to 2016 on CCC's stock to continue into the future, its coefficient of variation (CV) will be