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Their stock returns for the past three years werefc -51520


Florida company and minnesota company are both service companies. Their stock returns for the past three years were:FC -5%,15%,20% MC: 8%, 8%, 20%. Calculate the variances of returns for FC and MC.

FC:350 MC:96

FC:48 MC:175

FC: 100 MC:256

FC: 175 MC:48

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Finance Basics: Their stock returns for the past three years werefc -51520
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