Question
The last four years of returns for a stock are as follows: Year 1 2 3 4 Return 3.7% 27.5% 11.7% 4.1% a. What is
The last four years of returns for a stock are as follows:
| Year | 1 | 2 | 3 | 4 |
| Return | 3.7% | 27.5% | 11.7% | 4.1% |
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?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
7th Edition
007331465X, 978-0073314655
