Question
A stock produced returns of 19 percent, 27 percent, and -38 percent over three of the past four years, respectively. The arithmetic average for the
A stock produced returns of 19 percent, 27 percent, and -38 percent over three of the past four years, respectively. The arithmetic average for the past four years is 7 percent. What is the standard deviation of the stock's returns for the four-year period?
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
