Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

End of Year Stock Price Returns 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 $10.90 $5.23 $11.47 $10.40 $10.28 $10.26 $21.27 $23.77

End of Year Stock Price Returns
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 $10.90 $5.23 $11.47 $10.40 $10.28 $10.26 $21.27 $23.77 $22.70 $28.62 $45.06 - -52.02% 119.31% -9.33% -1.15% -0.19% 107.31% 11.75% -4.50% 26.08% 57.44%

The sum of squares equals 2.61954236.

  1. The average return is:
    1. 23.15%
    2. $18.18
    3. 25.47%
    4. $20.00

  2. The standard deviation of returns is:
    1. 0.291060%
    2. 5.12%
    3. 51.18%
    4. 53.95%

  3. The variance of returns is:
    1. 0.053950
    2. 0.291060%
    3. 0.539500
    4. 0.291060

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

The Laymans Guide To Managing Your Investments

Authors: Thomas Dunleavy

1st Edition

979-8763592214

More Books

Students also viewed these Finance questions