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Problem 12-14 Calculating Returns and Variability [LO1] You find a certain stock that had returns of 10 percent, -15 percent, 22 percent, and 18 percent
Problem 12-14 Calculating Returns and Variability [LO1] You find a certain stock that had returns of 10 percent, -15 percent, 22 percent, and 18 percent for four of the last five years. The average return of the stock over this period was 9.64 percent. a. What was the stock's return for the missing year? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., b.What is the standard deviation of the stock's returns? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) a. Missing return b. Standard deviation 13.2%
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