You find a certain stock that had returns of 18 percent, 23 percent, 16 percent, and 9
Question:
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?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Calculation The return for the missing year is given by Return Total Return Av...View the full answer
Answered By
Labindao Antoque
I graduated in 2018 with a Bachelor of Science degree in Psychology from Dalubhasaan ng Lungsod ng San Pablo. I tutored students in classes and out of classes. I use a variety of strategies to tutor students that include: lecture, discussions about the subject matter, problem solving examples using the principles of the subject matter being discussed in class , homework assignments that are directed towards reinforcing what we learn in class , and detailed practice problems help students to master a concept. I also do thorough research on Internet resources or textbooks so that I know what students need to learn in order to master what is being taught in class .
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Business questions
-
You find a certain stock that had returns of 14 percent, 8 percent, 17 percent, and 19 percent for four of the last five years. If the average return of the stock over this period was 10.35 percent,...
-
You find a certain stock that had returns of 9 percent, 16 percent, 21 percent, and 17 percent for four of the last five years. If the average return of the stock over this period was 11.3 percent,...
-
You find a certain stock that had returns of 9 percent, 16 percent, 18 percent, and 14 percent for four of the last five years. If the average return of the stock over this period was 10.3 percent,...
-
A childs grandparents purchase a $10,000 bond fund that matures in 18 years to be used for her college education. The bond fund pays 4% interest compounded semiannually. How much will the bond fund...
-
A chemist mixes 1.00 L each of 0.100 M Na2CO3 and 0.200 MCaCl2 in a beaker. What is the concentration of carbonate ion, CO32, in the final solution?
-
You have finally saved $10,000 and are ready to make your first investment. You have the three following alternatives for investing that money: Capital Cities ABC, Inc. bonds with a par value of...
-
Using more debt lowers profits and thus the ROA. Why doesnt debt have the same negative effect on the ROE? AppendixLO1
-
Rondelli Middle School wants to raise money for a new sound system for its auditorium. The primary fund-raising event is a dance at which the famous disc jockey D.J. Sound will play classic and...
-
Golfers, Inc. (Gl) manufactures golf-related equipment including golf balls. This year's expected production of golf balls is 80,000 packs (each consisting of four golf balls). Cost data are as...
-
The accountant for the firm owned by Randy Guttery prepares financial statements at the end of each month. The following transactions for Randy Guttery, Landscape Consultant took place during the...
-
A stock has had the following year-end prices and dividends: What are the arithmetic and geometric average returns for the stock? Year Price Dividend 1 $73.20 2 81.27 $1.05 90.37 1.15 4 86.18 1.26...
-
You bought one of Great White Shark Repellant Co.s 5.1 percent coupon bonds one year ago for $1,010. These bonds have a par value of $1,000, make annual payments, and mature 14 years from now....
-
Assume Canada is a small, open economy such that the supply of capital is perfectly elastic at a net rate of return equal to 10 percent. Suppose the demand for capital in Canada is a downward sloping...
-
The following accounts appear in the ledger of Sheridan Ltd. after the books are closed at December 31 ( in thousands). Share Capital-Ordinary, no par, 1 stated value, 400,000 shares authorized;...
-
1. Let f(x) 223-9x2. (a) Find all critical points for f(x).
-
Sadie's ski shop sells ski and boots. Skis are sold for $300 per pair and have associated Variable Costs of $150 per pair. Boots are sold for $200 per pair with an associated Variable Expense of $65...
-
How do you apply what is learned in the Science of Branding 1 5 - 1 , Key Insights Regarding Global Brand Strategies Based on Research Findings to improve on the brand?
-
CASH MANAGEMENT Dr. Umburgh noticed that the $100.00 check made to Trenton Medical Supplies has not cleared for four months. What type of check is the outstanding check referred to as? a. Stale-dated...
-
Schonfeld Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a cost of $20 per unit. None of this...
-
Using Apple, demonstrate how the differentiation strategy can be well implemented.
-
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $825 per set and have a variable cost of $370 per set. The company has spent $150,000 for a marketing study that...
-
Aria Acoustics, Inc. (AAI), projects unit sales for a new seven-octave voice emulation implant as follows: Year Unit Sales 1 87,500 2 105,00 3 119,000 4 108,000 5 92,000 Production of the implants...
-
A proposed cost-saving device has an installed cost of $585,000The device will be used in a five-year project but is classified as three-year MACRS property for tax purposes. The required initial net...
-
ASDA Company reported the following activity in the Assembly Department for the month of May : Units Percent Completed Materials Conversion Work in process, May 1 360 50 % 10 % Units started into...
-
The plant asset and accumulated depreciation accounts of Pell Corporation had the following balances at December 3 1 , 2 0 2 0 : Transactions during 2 0 2 1 were as follows: a . On January 2 , 2 0 2...
-
All else equal, a company's P/E ratio will ____________ when the discount rate ___________. rise, rise fall, rise fall, falls cannot be determined All else equal, a company's P/E ratio will _____...
Study smarter with the SolutionInn App