1. While HDS was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are colculated as arithmetic returns. 3. The historical returns for HDS for 2014 to 2018 are: Given the preceding data, the averag n HOS's stock is The preceding dota series represents of HDS's historical returns. Based on this conclusion, the standard deviation of HDS's: historical returns is If investors expect the average realized return from 2014 to 2018 on HDS's stock to continue into the future, its coefficient of variation (CV) wili be 1. While HOS was started 40 vears ago, its common stock has been publicly traded for the past 25 years 2. The returns on its equity are calculated as arithmetic retums. 3. The historical returns for HDS for 2014 to 2018 are: 2. preceding dats, the average realized return on HOS's stock is eding data series represents of HDS's historical returns. Based on this conclusion, the standard deviation of HDS's returns is frs expect the average realized return from 2014 to 2018 on HDSs stock to continue into the future, its coefficient of variation (CV) will be Comtinie withnuit semvin 3. Measuring stand-alone risk using realized (historical)data Returns earned over a given time period are called realized returns. Historical data on realized returns is often used to estimate future results. Analysts across companies use realized stock returns to estimste the risk of a stock. Consider the case of Happy Dog Sosp Inc. (HDS): Five years of realized returns for HDS are given in the following table, Remernber: 1. While HDS was started 40 years ago, its cammon 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 HDS for 2014 to 2018 are: Given the preceding data, the average realized return on HDS's stock is The preceding data series represents of HDS's historical returns, Based on this conclusion, the standard deviation of HDS's historical returns is If investors expect the average realized return from 2014 to 2018 on HDS's stock to continue into the future, its coefficient of variation (CV) Will be 1. While HDS 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 HDS for 2014 to 2018 are: investors expect the average realized return from 2014 to 2018 on HDS's stock to continue into the future, its coefficient of variation (CV) will be 1. While HDS 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 HDS for 2014 to 2018 are: Given the preceding data, the average realized return on HDS's stock is