Florida Company (FC) and Minnesota Company ( MC) are both service companies. Their stock returns...
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Finance
Florida Company (FC) and Minnesota Company ( MC) are both service companies. Their stock returns for the past three years were as follows: FC: -5 percent, 15 percent, 20 percent; MC: 8 percent, 8 percent, 20 percent. Calculate the variances of returns for FC and MC. FC: 100.00:MC:256.00 FC: 116.67;MC:32.00 FC:48.00:MC:175.00 FC: 350.00 : MC: 96.00

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