You find a certain stock that had returns of 18 percent, 23 percent, 16 percent, and 9
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You find a certain stock that had returns of 18 percent, −23 percent, 16 percent, and 9 percent for four of the last five years. If the average return of the stock over this period was 10.3 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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Calculation The return for the missing year is given by Return Total Return Av...View the full answer
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Labindao Antoque
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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