ols Returns earned over a given time period are called realized returns. Historical data on realized returns is often used to estimate future results. Analysts across companies use realized stock returns to estimate the risk of a stock. Five years of realized returns for Celestial Crane Cosmetics Inc. (Crane Cosmetics) are given in the following table: 2016 2017 2018 2019 2020 Stock return 5.00% 3,40% 6.00% 8,40% 2.60% Also note that: 1. While Crane Cosmetics was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on Crane Cosmetics's equity are calculated as arithmetic returns. Given this return data, the average realized return on Celestial Crane Cosmetics Inc.'s stock is The preceding data series represents a sample of Crane Cosmetics's historical returns. Based on this conclusion, the standard deviation of Crane Cosmetics's historical returns is If investors expect the average realized return on Celestial Crane Cosmetics Inc.'s stock from 2016 to 2020 to continue into the future, its expected coefficient of variation (CV) is expected to equal Given this return data, the average realized return on Celestial Crane Cosmetics Inc.'s stock is The preceding data series represents a sample of Crane Cosmetics's historical returns. Based o Cosmetics's historical returns is 15.75% 12.70% 5.08% If investors expect the average realized return on Celestial Crane Cosmetics Inc.'s stock from 2 coefficient of variation (CV) is expected to equal 10.16% lusion, the standard deviation of Crane 0 to continue into the future, its expected 1. While Crane Cosmetics was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on Crane Cosmetica's quity are calculated as arithmetic returns. 2.0420% 3.0821% Given this return data, the aver 1.7579% return on Celestial Crane Cosmetics Inc.'s stock is The preceding data series repres Cosmetics's historical returns is 2.2830% ble of Crane Cosmetics's historical returns. Based on this conclusion, the standard deviation of Crane If investors expect the average realized return on Celestial Crane Cosmetics Inc.'s stock from 2016 to 2020 to continue into the future, its expected coefficient of variation (CV) is expected to equal 1. While Crane Cosmetics was started 40 years ago, its common stock has been publicly traded for the past 25 years, 2. The returns on Crane Cosmetics's equity are calculated as arithmetic returns. Given this return data, the average realized retu 0.3775 stial Crane Cosmetics Inc.'s stock is 0.5168 The preceding data series represents a sample of Cosmetics's historical returns is If investors expect the average realized return of coefficient of variation (CV) is expected to equal 0.8314 0.4494 smetics's historical returns. Based on this conclusion, the standard deviation of Crane Crane Cosmetics Inc.'s stock from 2016 to 2020 to continue into the future, its expected