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Consider the following annual returns of Estee Lauder and Lowes Companies: Estee Lauder Lowes Companies Year 1 23.9 % 6.0 % Year 2 24.0 16.6
| Consider the following annual returns of Estee Lauder and Lowes Companies: |
| Estee Lauder | Lowes Companies | |||||
| Year 1 | 23.9 | % | 6.0 | % | ||
| Year 2 | 24.0 | 16.6 | ||||
| Year 3 | 18.1 | 4.7 | ||||
| Year 4 | 50.4 | 44.0 | ||||
| Year 5 | 17.3 | 14.0 | ||||
| Compute each stocks average return, standard deviation, and coefficient of variation. (Round your answers to 2 decimal places.) |
| Estee Lauder | Lowes Companies | ||
| Average return | % | % | |
| Standard deviation | % | % | |
| Coefficient of variation | |||
| Which stock appears better? |
|
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The Charles Schwab Guide To Finances After Fifty
Authors: Carrie Schwab-Pomerantz, Joanne Cuthbertson
1st Edition
0804137366, 978-0804137362
