Question: Estimate the annual standard deviations for the individual ETFs based on the historical returns. (You can use the STDEV.S function in Excel to estimate the

Estimate the annual standard deviations for the individual ETFs based on the historical returns. (You can use the STDEV.S function in Excel to estimate the daily standard deviation, and then multiply by the square root of 252 - roughly the number of trading days in a year - to get the annual standard deviation.)

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