Calculating Returns and Variability Youve observed the following returns on Mary Ann Data Corporations stock over the

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Calculating Returns and Variability You’ve observed the following returns on Mary Ann Data Corporation’s stock over the past five years: 27 percent, 13 percent, 18 percent, 214 percent, and 9 percent.

a. What was the arithmetic average return on Mary Ann’s stock over this five-year period?

b. What was the variance of Mary Ann’s returns over this period? The standard deviation?

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Corporate Finance With Connect Access Card

ISBN: 978-1259672484

10th Edition

Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe

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