Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following table shows the nominal returns on Andorran stocks. Year 2012 2013 2014 2015 2016 2017 Nominal Return (%) 0.2 -19.0 -17.0 -42.8 67.6
The following table shows the nominal returns on Andorran stocks. Year 2012 2013 2014 2015 2016 2017 Nominal Return (%) 0.2 -19.0 -17.0 -42.8 67.6 28.3 What was the standard deviation of the market returns? (Use decimals, not percents, in your calculations. Do not round ntermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviation %
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started