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Consider the following annual returns of Estee Lauder and Lowes Companies: Estee Lauder Lowes Companies Year 1 24.0 % 7.0 % Year 2 25.0 16.7
| Consider the following annual returns of Estee Lauder and Lowes Companies: |
| Estee Lauder | Lowes Companies | |||||
| Year 1 | 24.0 | % | 7.0 | % | ||
| Year 2 | 25.0 | 16.7 | ||||
| Year 3 | 18.2 | 4.8 | ||||
| Year 4 | 50.5 | 45.0 | ||||
| Year 5 | 17.4 | 15.0 | ||||
| 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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Economics And Personal Finance
Authors: Irvin Tucker, Joan Ryan
1st Edition
1133562108, 978-1133562108
