Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The rate of return on ABC, Inc., stock over the last five years was 5.53 percent, 1.64 percent, 16.92 percent, 2.69 percent, and -2.79 percent.
The rate of return on ABC, Inc., stock over the last five years was 5.53 percent, 1.64 percent, 16.92 percent, 2.69 percent, and -2.79 percent. What was the standard deviation of returns (in percent) on ABC stock over this period? Do intermediate work to six decimals. Answer to two decimals
Step by Step Solution
★★★★★
3.39 Rating (149 Votes )
There are 3 Steps involved in it
Step: 1
To find the standard deviation of the returns on ABC stock over the last five y...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started