Question: Given the following historical returns, what is the standard deviation? Year 1 = 10%; year 2 = -12%; year 3 = 6%; year 4 =
Given the following historical returns, what is the standard deviation? Year 1 = 10%; year 2 = -12%; year 3 = 6%; year 4 = 13%; and year 5 = -9%.
Please solve without using excel
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