Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The historical stock returns for TechFluent, Inc. are shown below: Year 1 2 3 4 Return 0 % - 1 4 % 1 5 %

The historical stock returns for TechFluent, Inc. are shown below:
Year
1
2
3
4
Return
0%
-14%
15%
31%
What is the standard deviation of returns for TechFluent, Inc. stock over this 4-year period. (Compute the standard deviation assuming this is a population of returns, not a sample - that is, use the procedure described in the textbook for calculating the standard deviation of a series of stock returns).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions