Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0.2 Stocks A and B have the following probability distributions of expected future retums: Probability A 0.1 (14%) (40%) 0.2 4 0 0.4 12 18

image text in transcribed
image text in transcribed
0.2 Stocks A and B have the following probability distributions of expected future retums: Probability A 0.1 (14%) (40%) 0.2 4 0 0.4 12 18 22 26 0.1 31 40 a. Calculate the expected rate of return, s, for Stock B (A - 11.70%.) Do not round intermediate calculations. Round your answer to two decimal places. % b. Calculate the standard deviation of expected returns, O., for Stock A (os = 20.76%.) Do not round Intermediate calculations. Round your answer to two decimal places % Now calculate the coefficient of variation for Stock 8. Do not round Intermediate calculations. Round your answer to two decimal places. Is it possible that most investors might regard Stock B as being less risky than Stock A? 1. If Stock B is more highly correlated with the market than A, then it might have a higher beta than Stock A, and hence be less risky in a portfolio sense 11. If Stock B is more highly correlated with the market than A, then it might have a lower beta than Stock A, and hence be less risky in a portfolio sense II. If Stock B is more highly correlated with the market than A, then it might have the same beta as Stock A, and hence be just as risky in a portfolio sense. IV. If Stock B is less highly correlated with the market than A, then it might have a lower beta than Stock A, and hence be less risky in a portfolio sense V. If Stock B is less highly correlated with the market than A, then it might have a higher beta than Stock A, and hence be more risky in a portfolio sense Select c. Assume the risk free rate is 4.5%. What are the Sharpe ratios for Stocks A and B? Do not round Intermediate calculations, Round your answers to four decimal places Stock A: Stock B dan in Part 2 C. Assume the risk-free rate is 4.5%. What are the Sharpe ratios for Stocks A and B? Do not round Intermediate calculations. Round your answers to four decimal places. Stock A: Stock B: Are these calculations consistent with the information obtained from the coefficient of variation calculations in Purt b? 1. In a stand-alone risk sense A is less risky than 8. If Stock B is more highly correlated with the market than A, then it might have the same beta as Stock A, and hence be just as risky in a portfolio sense. 11. In a stand-alone risk sense A is less risky than B. If Stock B is less highly correlated with the market than A, then it might have a lower beta than Stock A, and hence be less risky in a portfolio sense II. In a stand-alone risk sense A is less risky thon. If Stock is less highly correlated with the market than A, then it might have a higher beta thon Stock A, and hence be more risky in a portfolio sense. 1. In a stand-alone risk sense A is more risky than B, ir Stock B is less highly correlated with the market than A, then it might have a lower beta thon Stock A, and hence be less risky in a portfolio sense. In a stand-alone risk sense A is more risky than 1, 11 Stock is less highly correlated with the market than A, then it might have a higher bets than Stock A, and hence be more risky in a portfolio sense Beach

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Corporate Finance

Authors: William L. Megginson, M.D. Lucey Brian C., Scott J. Smart, Scott B. Smart, Bill Megginson

1st Edition

184480562X, 9781844805624

More Books

Students also viewed these Finance questions