Question
Problem 12-9 Calculating Returns and Variability [LO1] You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 17 percent, -4 percent,
Problem 12-9 Calculating Returns and Variability [LO1]
You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 17 percent, -4 percent, 20 percent, 12 percent, and 10 percent.
a.What was the arithmetic average return on the company's stock over this five-year period?(Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.)
b-1.What was the variance of the company's returns over this period?(Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.)b-2.What was the standard deviation of the company's returns over this period?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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