Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following table shows the nominal returns on Brazilian stocks and the rate of inflation. Year Nominal Return (8) 2012 2013 2014 2015 2016 2017

image text in transcribed

The following table shows the nominal returns on Brazilian stocks and the rate of inflation. Year Nominal Return (8) 2012 2013 2014 2015 2016 2017 0.1 -19.0 -17.0 -41.7 66.5 27.2 a. What was the standard deviation of the market returns? (Use decimals, not percents, in your calculations. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviation Inflation (8) 6.1 6.2 6.7 11.0 6.6 3.2 Average real return % b. Calculate the average real return. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places) %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

The Mining Valuation Handbook Mining And Energy Valuation For Investors And Management

Authors: Victor Rudenno

4th Edition

0730377075, 978-0730377078

More Books

Students also viewed these Finance questions