Question
The last four years of returns for a stock are as follows: YEAR 1 2 3 4 RETURN -3.9% 27.8% 12.2% 3.5% a. What is
The last four years of returns for a stock are as follows:
| YEAR | 1 | 2 | 3 | 4 |
| RETURN | -3.9% | 27.8% | 12.2% | 3.5% |
a. What is the average annual return? b. What is the variance of thestock's returns? c. What is the standard deviation of the stock's returns?
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
