Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock had annual returns of 5.5 percent, 12 percent, and 15.5 percent for the past three years, respectively. What is the standard deviation of

A stock had annual returns of 5.5 percent, 12 percent, and 15.5 percent for the past three years, respectively. What is the standard deviation of returns for this stock?

  • 11.37%

  • 13.92%

  • 1.94%

  • 56.65%

  • 6.94%

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

More Books

Students also viewed these Finance questions

Question

Identify the cause of a performance problem. page 363

Answered: 1 week ago