Question
A stock had returns of 21%, 11%, and 16% for the last 3 years. The average return on the stock over this period was 16%.
A stock had returns of 21%, 11%, and 16% for the last 3 years. The average return on the stock over this period was 16%. What was the variance of the stock's returns over this period?
Do not round intermediate calculations. Round the final answer to 5 decimal places.
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
9781285586618
