Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A fund manager in Oyak Yatirim achieved the following percentage rates of return over the past 5-years. (For comparison, market index rates are presented
A fund manager in Oyak Yatirim achieved the following percentage rates of return over the past 5-years. (For comparison, market index rates are presented in the table) 2 3 Fund -1.4 Market index +24.0 +41.9 +10.9 +0.2 -0.5 +16.0 +31.4 +9.9 -0.3 a. What is the average return for the manager's fund and the market index, and what is the standard deviation of the returns for each? (Intermediate calculations should not be rounded. Round your answers to 2 decimal places.) b. Considering the returns only, did the fund manager perform better or worse than the market index over the past 5 years? OYAK Yatirim Market Portfolio Return Return Average return Standard deviation b. Does the fund manager perform better or worse than the market index?
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