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Problem 12-14 Calculating Returns and Variability (LO1) You find a certain stock that had returns of 10.3 %, -17.3%, 22.3%, and 18.3% for four
Problem 12-14 Calculating Returns and Variability (LO1) You find a certain stock that had returns of 10.3 %, -17.3%, 22.3%, and 18.3% for four of the last five years. The average return of the stock over this period was 11.6%. Assume the face value of the bond is $1,000. What was the stock's return for the missing year? (Round the final answer to 1 decimal place.) Stock's return 25.5 % * What is the standard deviation of the stock's return? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Standard deviation 17.4 %
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