Question: Here are exchange rates (dollars per unit) for the British pound at the beginning of each of the last 4 years. Estimate the volatility of

Here are exchange rates (dollars per unit) for the British pound at the beginning of each of the last 4 years. Estimate the volatility of the British pound currency's movements Beginning of the Year British pound 1 $1.75 2 $1.71 3 $1.63 4 $1.69

a.

4.31%

b.

5%

c.

0%

d.

-5.50%

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