This information is for the next four problems. (MDY approximates a broad market index of mid-cap stocks). Consider these historical annual returns for the MDY, mid-cap ETF and DHI, a mid-cap homebuilding company. Date Return MDY DHI 12/31/10 6.120% -2.040% 12/31/11 26.300% 23.040% 12/31/12 9.810% 16.848% 12/31/13 14.830% 7.864% 12/31/14 -2.430% 3.944% 12/31/15 -2.670% -7.136% 12/31/16 -38.250% -32.600% 12/31/17 12.500% 13.000% 12/31/18 32.650% 26.120% 6.540% 5.449% 20.490% 18.007% Avg Stdev This information is for the next four problems. (MDY approximates a broad market index of mid-cap stocks). Consider these historical annual returns for the MDY, mid-cap ETF and DHI, a mid-cap homebuilding company. Date Return MDY DHI 12/31/10 6.120% -2.040% 12/31/11 26.300% 23.040% 12/31/12 9.810% 16.848% 12/31/13 14.830% 7.864% 12/31/14 -2.430% 3.944% 12/31/15 -2.670% -7.136% 12/31/16 -38.250% -32.600% 12/31/17 12.500% 13.000% 12/31/18 32.650% 26.120% 6.540% 5.449% 20.490% 18.007% Avg Stdev