Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed
The last four years of returns for a stock are as shown here: 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 a. What is the average annual return? The average return is %. (Round to two decimal places.) i Data Table Data Tablo - b. What is the variance of the stock's returns? The variance of the returns is (Round to five decimal places.) (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet) c. What is the standard deviation of the stock's returns? The standard deviation is % (Round to two 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_2

Step: 3

blur-text-image_3

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

Public Finance Fundamentals

Authors: K. Moeti

3rd Edition

148512946X, 9781485129462

More Books

Students also viewed these Finance questions