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Consider the following annual returns of Estee Lauder and Lowes Companies: Estee Lauder Lowes Companies Year 1 24.9 % 9.0 % Year 2 34.0 17.6
Consider the following annual returns of Estee Lauder and Lowes Companies:
| Estee Lauder | Lowes Companies | |||||
| Year 1 | 24.9 | % | 9.0 | % | ||
| Year 2 | 34.0 | 17.6 | ||||
| Year 3 | 19.1 | 5.7 | ||||
| Year 4 | 51.4 | 54.0 | ||||
| Year 5 | 18.3 | 24.0 | ||||
| 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? |
| Estee Lauder | |
| Lowes Companies |
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
