Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose firm has returns of 8 percent, -12 percent, 14 percent, -15 percent, 16 percent, and 26 percent for six of the last seven years.

Suppose firm has returns of 8 percent, -12 percent, 14 percent, -15 percent, 16 percent, and 26 percent for six of the last seven years. If the average return of the share return over this period is 11.6 percent.

  1. Calculate the share's return for the missing year. 

  2. Calculate the sample standard deviation of the share return.


Step by Step Solution

There are 3 Steps involved in it

Step: 1

Okay lets solve this stepbystep Returns given for 6 years 8 12 14 15 16 26 Average return ... 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

Fundamentals of Corporate Finance

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

12th edition

007353062X, 73530628, 1260153592, 1260153590, 978-1260153590

More Books

Students also viewed these Finance questions

Question

Calculate the purchase price of each of the $1000 face value bonds

Answered: 1 week ago