During the boom years of 2003-2007, ace mutual fund manager Diana Sauros produced the following percentage rates
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During the boom years of 2003-2007, ace mutual fund manager Diana Sauros produced the following percentage rates of return. Rates of return on the market are given for comparison.
Calculate the average return and standard deviation of Ms. Sauros's mutual fund. Did she do better or worse than the market by these measures?
Transcribed Image Text:
2004 2005 2006 2007 Ms. Sauros +39.1 +11.0 +2.6 18.0 2.3 S&P 500 +31.6 12.5 +6.4+15.8 +5.6 2003
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Ms Sauros Nominal Return Difference from Average Squared Difference 2003 391 266 70756 2004 11 1...View the full answer
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Related Book For
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
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