Answered step by step
Verified Expert Solution
Question
1 Approved Answer
14. The rate of return on Cherry Jalopies, Inc., stock over the last five years was 10 percent, 11 percent, -5 percent, 4 percent, and
14. The rate of return on Cherry Jalopies, Inc., stock over the last five years was 10 percent, 11 percent, -5 percent, 4 percent, and 8 percent. What is the standard deviations for Cherry?
A. 5.6%
B. 0.00423
C. 0.423
D. 0.065
E. 0.65
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started