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Listed below are the annual rates of return earned on Stock X and Stock Y over the past 6 years. Which stock was riskier and
Listed below are the annual rates of return earned on Stock X and Stock Y over the past 6 years. Which stock was riskier and why?
Year | Stock X | Stock Y |
2004 | 20% | 16% |
2005 | 15% | 17% |
2006 | -10% | 20% |
2007 | 30% | 24% |
2008 | 25% | 23% |
2009 | 14% | -10% |
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