Use the Table for the Question(s) Below -The Volatility on ANZ Returns Is Closest To?
A) 42

question 23

Multiple Choice

Use the table for the question(s) below.
Consider the following returns:
$\begin{array} { l c c c } \hline \text { Year-End } & \begin{array} { c } \text { ANZ } \\\text { Realised } \\\text { Return }\end{array} & \begin{array} { c } \text { WOW } \\\text { Realised } \\\text { Return }\end{array} & \begin{array} { c } \text { BHP } \\\text { Realised } \\\text { Return }\end{array} \\\hline 2007 & 20.1 \% & - 14.6 \% & 0.2 \% \\\hline 2008 & 72.7 \% & 4.3 \% & - 3.2 \% \\\hline 2009& - 25.7 \% & - 58.1 \% & - 27.0 \% \\\hline 2010& 56.9 \% & 71.1 \% & 27.9 \% \\\hline 2011& 6.7 \% & 17.3 \% & - 5.1 \% \\\hline 2012 & 17.9 \% & 0.9 \% & - 11.3 \% \\\hline &\end{array}$
-The volatility on ANZ returns is closest to?

• A) 42%
• B) 10%
• C) 13%
• D) 35%

---

Definitions:

Book Value

The value of an asset as it appears on the balance sheet, calculated by subtracting the accumulated depreciation or amortization from its original cost.

Significant Improvements

Upgrades or enhancements made to a company's assets, typically tangible fixed assets, that are expected to extend the asset's useful life, increase its value, or boost productivity.

Furnace

A device used for high-temperature heating, usually powered by fuel, electricity, or induction, and utilized in processes such as metal casting, forging, and glass manufacturing.

Van

A type of vehicle used for transporting goods or people, typically larger than a common car but smaller than a truck.