Question
According to Yahoo Finance from December 1950 through December 2008, the S&P500 index annual returns averaged 8.2111% per year with a standard deviation of 17.2929%.
According to Yahoo Finance from December 1950 through December 2008, the S&P500 index annual returns averaged 8.2111% per year with a standard deviation of 17.2929%. What was the variance of the S&P500 return?
2.9904%
17.2928%
41.5846%
0.6742%
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
