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The following are recent prices of Hawthorne Corporation common stock. month stock price April $63 May $50 June $63 July $55.85 August $44.57 September $51.12

The following are recent prices of Hawthorne Corporation common stock.

month

stock price

April

$63

May

$50

June

$63

July

$55.85

August

$44.57

September

$51.12

October

$46.14

Based on the monthly holding-period returns, what is the standard deviation for this stock?

SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO 2 DECIMAL PLACES AT THE END. DO NOT ENTER THE % SYMBOL. IF YOUR ANSWER IS 5.6222 ENTER IT AS 5.62. DO NOT ENTER YOUR ANSWER AS 0.0562.

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