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The past five monthly returns for Kohl’s are 3.54 percent, 3.62 percent, −1.68 percent, 9.25 percent, and −2.56 percent. Compute the standard deviation of Kohls’ monthly returns. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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The answer and procedures of the exercise are attached in the following archives.

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You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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