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 standard deviation (S.D.) of return for FC and MC.

A) FC: 10% MC: 12%
B) FC: 18.7% MC: 9.8%
C) FC: 13.2% MC: 6.9%
D) None of the above