Answered step by step
Verified Expert Solution
Question
1 Approved Answer
During the past six years, you owned shares in Company XYZ that had the following annual rates of return: Years Return 1 -7% 2 5%
During the past six years, you owned shares in Company XYZ that had the following annual rates of return:
Years | Return |
1 | -7% |
2 | 5% |
3 | -9% |
4 | -1% |
5 | -6% |
6 | 10% |
Calculate the (historical) standard deviation (in percentage) of the annual rate of return for Company XYZ.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started