You find a certain stock that had returns of 7 percent, -12 percent, 18 percent, and 19
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You find a certain stock that had returns of 7 percent, -12 percent, 18 percent, and 19 percent for four of the last five years. If the average return of the stock over this period was 10.5 percent, what was the stock's return for the missing year? What is the standard deviation of the stock's return?
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Given data Year Returns 1 7 2 12 3 18 4 19 Average return 1050 Sum of all retu...View the full answer
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Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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