Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

During the boom years of 2010-2014, ace mutual fund manager Diana Sauros produced the following percentage rates of return. Rates of return on the market

image text in transcribed

During the boom years of 2010-2014, ace mutual fund manager Diana Sauros produced the following percentage rates of return. Rates of return on the market are given for comparison. Ms. Sauros S&P 500 2010 +24.9 +17.2 2011 2012 2013 2014 -0.9 +18.6 +42.1 +15.2 +1.0 +16.1 +33.1 +12.7 a. Calculate the average return and standard deviation of Ms. Sauros's mutual fund. (Use decimals, not percents, In your calculations. Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Average rate of return Standard deviation 19.98 % 10.00 %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Routledge Handbook Of Financial Technology And Law

Authors: Iris Chiu, Gudula Deipenbrock

1st Edition

0367344149, 978-0367344146

More Books

Students also viewed these Finance questions