The Variance of Returns for a Portfolio of Stocks Is

Multiple Choice

The variance of returns for a portfolio of stocks is computed by dividing the sum of the

A) squared deviations by (the number of returns minus one) .
B) average returns by (the number of returns minus one) .
C) average returns by (the number of returns plus one) .
D) squared deviations by the average rate of return.
E) squared deviations by (the number of returns plus one) .