Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The last four years of returns for a stock are as follows: Year Return 1 -4.1% 2 27.7% 3 12.5% 4 3.5% a. What is

image text in transcribed
The last four years of returns for a stock are as follows: Year Return 1 -4.1% 2 27.7% 3 12.5% 4 3.5% 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? a. What is the average annual return? The average return is %. (Round to two decimal places.) b. What is the variance of the stock's returns? The variance of the returns is . (Round to five decimal places.) 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

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

Solutions Manual To Accompany Fundamentals Of Corporate Finance

Authors: Richard Brealey

6th Edition

0077265963, 978-0077265960

More Books

Students also viewed these Finance questions

Question

Attached herewith is a copy of our new contract for your records.

Answered: 1 week ago

Question

Our computers are serviced by the Santee Company.

Answered: 1 week ago