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You find a certain stock that had returns of 11 percent, −18 percent, 24 percent, and 14 percent for four of the last five years. The average return of the stock over this period was 10.1 percent.

What is the standard deviation of the stock’s returns? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Financial Management, Finance

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