Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The last four years of returns for a stock are shown here: LOADING... . a . What is the average annual return? b . What

The last four years of returns for a stock are shown here: LOADING... .
a. What is the average annual return?
b. What is the variance of the stock's returns?
c. What is the standard deviation of the stock's returns?
Note: Notice that the average return and standard deviation must be entered in percentage format. The variance must be entered in decimal format.
Question content area bottom
Part 1
a. What is the average annual return?
The average return is enter your response here%.(Round to two decimal places.)Year 1234
Return (%)-3.5828.4312.053.68

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

Global Finance

Authors: Robert Holton

1st Edition

0415619165, 978-0415619165

More Books

Students also viewed these Finance questions

Question

1. What is Ebola ? 2.Heart is a muscle? 3. Artificial lighting?

Answered: 1 week ago