Florida Company (FC) and Minnesota Company (MC) Are Both Service

Multiple Choice

Florida Company (FC) and Minnesota Company (MC) are both service companies. Their historical return for the past three years are: FC: - 5%, 15%, 20%; MC: 8%, 8%, 20%. Calculate the mean of returns for each company.

A) FC: 12%, MC: 6%
B) FC: 10%, MC: 12%
C) FC: 20%, MC: 32%
D) None of the above