Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Three years ago, Green Thumb Industries (ticker symbol: GTBIF) had a stock return of 17.83%. What is the standard deviation of Green Thumbs returns

1. Three years ago, Green Thumb Industries (ticker symbol: GTBIF) had a stock return of 17.83%. What is the standard deviation of Green Thumbs returns if, over the next two years, the company had returns of -7.27% and 23.87%, respectively?

  • 16.51%

  • 13.07%

  • 9.62%

  • 27.27%

  • 2.73%

2. Today, you sold your Riot Blockchain, Inc stock (ticker: RIOT) for $54.5/share. Last year, you paid $51.5/share for that stock. During the year, RIOT paid you $2/share in dividends. If inflation averaged 2.6% during the year, your approximate real rate of return on the RIOT investment is:

  • 12.3 percent

  • 9.7 percent

  • 12.2 percent

  • 3.6 percent

  • 7.1 percent

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

Step: 3

blur-text-image

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

Foundations Of Investments

Authors: Troy Adair , John Nofsinger

1st Edition

0357130421,0357130529

More Books

Students also viewed these Finance questions

Question

What is the role of IMC in corporate communication?

Answered: 1 week ago