Question
A stock produced returns of 12 percent, 16 percent, and 6 percent over three of the past four years. The arithmetic average for the past
A stock produced returns of 12 percent, 16 percent, and 6 percent over three of the past four years. The arithmetic average for the past four years is 21 percent. What is the standard deviation of the stock's returns for the 4-year period?
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
