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: -3.8%, 27.6%, 11.7%,3.8% a. What is the average annual return? b. What

The last four years of returns for a stock are as shown here: -3.8%, 27.6%, 11.7%,3.8%

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.

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

Financial Management In Construction Contracting

Authors: Andrew Ross, Peter Williams

1st Edition

1405125063, 9781405125062

More Books

Students also viewed these Finance questions

Question

Establish each identity. sin(30) cos cos 0 sin 0 cos(30) sin(20)

Answered: 1 week ago