1. A stock produced returns of 14 percent, 17percent, and -1 percent over three of the past four years, respectively. The arithmetic average for the past four years is 6 percent. What is the standard deviation of the stock's returns for the four-year period? A. 11.63 percent B. 15.94 percent C. 9.70 percent D. 6.25 percent E. 11.23 percent

2. Windsor stock has produced returns of 13.8 percent, 11.7 percent, 2.3 percent, -21.4 percent, and 8.9 percent over the past five years, respectively. What is the variance of these returns? A. .020574 B. .031947 C. .035682 D. .019515 E. .020016.