Jefferson Mills Stock Produced Returns of 14

Multiple Choice

Jefferson Mills stock produced returns of 14.8, 22.6, 5.9, and 9.7 percent, respectively, over the past four years. During those same years, U.S. Treasury bills returned 3.8, 4.6, 4.8, and 4.0 percent, respectively. What is the variance of the risk premiums on Jefferson Mills stock for these four years?

A) .00298
B) .00196
C) .00396
D) .00478
E) .00528