Returns eamed over a given time period are called mattred 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. Consider the case of Falcon Freight Inc. (*): Five years of realized returns for FT are given in the following table. Remember: 1. While was started 4 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are calculated as arithmetic retums. 3. The historical returns for FF for 2014 to 2018 are: 2014 2015 2016 2017 2018 Stock return 8.75 5.95% 10.50% 14.70% 4.55% Given the preceding data, the average realized return on FF's stock is The preceding data series represents af Ft's historical returns. Based on this conclusion, the standard deviation of Ff's historical returns is Ir investors expect the average realized return from 2014 to 2015 on FF's stock to continue into the future, its coefficient of variation (CV) will be