Question
In the last three years, you observed the following returns on a stock: -14%, 35%, and 12%. What is the variance of these returns? (Hint:
In the last three years, you observed the following returns on a stock: -14%, 35%, and 12%. What is the variance of these returns? (Hint: round answer to six places after decimal)
Need exact answer- Not approximate:
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
