Question
Over the past five years, a stock returned 10.1 percent, -29.8 percent, -3.1 percent, 43.3 percent, and 12.7 percent, respectively. What is the average return?
Over the past five years, a stock returned 10.1 percent, -29.8 percent, -3.1 percent, 43.3 percent, and 12.7 percent, respectively.
What is the average return? %
What is the variance of these returns?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
12th Global Edition
1292268859, 978-1292268859
