Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

P12-9 Calculating Returns and Variability (LO1] You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 6 percent, -11 percent, 23

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
P12-9 Calculating Returns and Variability (LO1] You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 6 percent, -11 percent, 23 percent, 16 percent, and 16 percent. Requirement 1: What was the average return on Crash-n-Burn's stock over this five year period? (Click to select) Requirement 2: (a)What was the variance of Crash-n-Burn's returns over this period? (Do not round Intermediate calculations.) (Click to select) (b)What was the standard deviation of Crash-n-Burn's returns over this period? (Do not round intermediate calculations.) (Click to select) P12-9 Calculating Returns and Variability (LO1] 7 You've observed the following returns on Crash-n-Burn Computer's s five years: 6 percent, -11 percent, 23 percent, 16 percent, and 16 perce Requirement 1: What was the average return on Crash-n-Burn's stock over this five ye . ok Vidlick to sel 12.50% 8.10% 10.00% 11.90% 10.90% 2 variance of Crash-n-Burn's returns over this perio calculations.) 3 hnen Requirement 2: (a)What was the variance of Crash-n-Burn's returns Intermediate calculations.) (1 Chelsen 0.01588 0.01413 0.01296 0.01823 0.01745 QUICK to select andard deviation of Crash-n-Burn's ate calculations.) (b)What was the standard deviation of Crash-n-Burn's returns over this period? (Do not round intermediate calculations.) (Click to see 15.72% 11.82% 13.21% 10.70% 13.50%

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

Entrepreneurial Finance

Authors: M. J. Alhabeeb

1st Edition

1118691512, 978-1118691519

More Books

Students also viewed these Finance questions