Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. A stock had returns of 16.11 percent, 23.82 percent, 11.53 percent, and 9.58 percent over four of the past five years. The arithmetic average

8. A stock had returns of 16.11 percent, 23.82 percent, 11.53 percent, and 9.58 percent over four of the past five years. The arithmetic average return over the five years was 13.16 percent. What was the stock return for the missing year?

9. A stock had returns of 17.59 percent, 7.11 percent, and 23.81 percent for the past three years. What is the standard deviation of the returns?

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

Business And Personal Finance

Authors: McGraw-Hill

1st Edition

0078945801, 9780078945809

More Books

Students also viewed these Finance questions

Question

How do people respond to cultural diff erences in communication?

Answered: 1 week ago

Question

How does communication shape cultures and social communities?

Answered: 1 week ago