D Question 13 3 pts A capital gain occurs when the purchase price is less than the selling price the selling price is less than the purchase price the selling price is the same as the dividend there is no dividend paid. D Question 14 3 pt The standard deviation of the stock returns can be calculated as the square foot of the average return average squared difference between the actual return and the risk-free return square root of the variance variance squared 3 pts Question 15