Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Green stock returned 6 percent, -8 percent, 14 percent, and 16 percent over the past four years, respectively. What is the arithmetic average return for

Green stock returned 6 percent, -8 percent, 14 percent, and 16 percent over the past four years, respectively. What is the arithmetic average return for this period?

6.11 percent

7.00 percent

10.19 percent

12.42 percent

A stock has an average return of 12.5 percent and a standard deviation of 4.3 percent. What range of returns would you expect to see 99 percent of the time on this security?

-4.7 percent to 29.7 percent

-0.4 percent to 25.4 percent

8.2 percent to 16.8 percent

3.9 percent to 21.1 percent

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

Financial Markets And Institutions

Authors: Anthony Saunders, Marcia Millon Cornett

1st International Edition

0071181334, 9780071181334

More Books

Students also viewed these Finance questions

Question

What do you understand by MBO?

Answered: 1 week ago

Question

What is meant by planning or define planning?

Answered: 1 week ago

Question

Define span of management or define span of control ?

Answered: 1 week ago