Question
A stock had returns of 30%, 28%, and 14% for the last 3 years. The average return on the stock over this period was 24%.
A stock had returns of 30%, 28%, and 14% for the last 3 years. The average return on the stock over this period was 24%. What was the variance of the stock's returns over this period?
round answer to 2 decimals
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
