Question: Given the following historical returns, what is the standard deviation? Year 1=20%; year 2=-12%; year 3=16%; year 4=3%; year 5=-15%. Select one: a. 11.89% b.

Given the following historical returns, what is the standard deviation? Year 1=20%; year 2=-12%; year 3=16%; year 4=3%; year 5=-15%. Select one: a. 11.89% b. 12.48% c. 15.85% d. 16.87%

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