Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock had returns of 8%, 6%, -4%, and 11% over the past four years. What is the standard deviation of returns for this stock

image text in transcribed

A stock had returns of 8%, 6%, -4%, and 11% over the past four years. What is the standard deviation of returns for this stock over this period? Select one: a. 4.23% b. 0.423% c. 6.5% d. 7.6% e. None of the above

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

Fundamentals Of Corporate Finance

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

5th Edition

1119795435, 978-1119795438

More Books

Students also viewed these Finance questions

Question

1. Use questioning to check your understanding.

Answered: 1 week ago

Question

What is cultural tourism and why is it growing?

Answered: 1 week ago