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Over the past six years, a stock had annual returns of 10 percent, 5 percent, 7 percent, 8 percent, 2 percent, and -11 percent, respectively.

What is the standard deviation of these returns? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box.

For example, if your answer is 12.345% then enter as 12.35 in the answer box.

Financial Management, Finance

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