The historical returns are shown in the following table. What is the daily volatility of...

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Finance

  1. The historical returns are shown in the following table. What is the daily volatility of this investment? What is the annual risk assuming there are 255 trading days this year.

Day

Ri

1

1%

2

0%

3

-0.5%

4

1.5%

5

0.5%

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