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Problem 5.3. The historical annual returns of a stock are: Year 2015: Return (-12%) Year 2016: Return (3%) Year 2017: Return (18%) Year 2018: Return
Problem 5.3. The historical annual returns of a stock are:
Year 2015: Return (-12%)
Year 2016: Return (3%)
Year 2017: Return (18%)
Year 2018: Return (7%)
Year 2019: Return (22%)
Year 2020: Return (8%)
Year 2021: Return (-4%)
Year 2022: Return (14%)
Calculate the average return and the standard deviation of return. Please show ALL workings.
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