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Five years ago, you purchased 600 shares of stock. The annual returns have be 7.2 percent, -19.4 percent, 3.8 percent, 14.2 percent, and 27.9 percent,
Five years ago, you purchased 600 shares of stock. The annual returns have be 7.2 percent, -19.4 percent, 3.8 percent, 14.2 percent, and 27.9 percent, respectively. What is the variance of these returns?
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
7th Edition
0321122356, 978-0321122353
