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4) Unicorn is a regulated utility serving Northern Illinois. The following table lists the stock prices & dividends from 1989 to 1998. Year Price Dividends
| 4) | Unicorn is a regulated utility serving Northern Illinois. | ||||||
| The following table lists the stock prices & dividends from 1989 to 1998. | |||||||
| Year | Price | Dividends | |||||
| 1989 | 36.10 | ||||||
| 1990 | 33.60 | 3.00 | |||||
| 1991 | 37.80 | 3.00 | |||||
| 1992 | 30.90 | 3.00 | |||||
| 1993 | 26.80 | 2.30 | |||||
| 1994 | 24.80 | 1.60 | |||||
| 1995 | 31.60 | 1.60 | |||||
| 1996 | 28.50 | 1.60 | |||||
| 1997 | 24.25 | 1.60 | |||||
| 1998 | 35.60 | 1.60 | |||||
| a) | Estimate the average annual return you would have made on your investment. | ||||||
| b) | Estimate the standard deviation and variance in annual returns. | ||||||
| c) | If you were investing in Unicorn today, would you expect the historical | ||||||
| Std Dev & variances to continue to hold? why or why not? | |||||||
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Banking And Finance Managing The Moral Dimension
Authors: James Lynch
1st Edition
1855731762, 978-1855731769
