Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Two investments generated the following annual returns: Investment X Investment Y 2 0 X 0 1 3 % 1 7 % 2 0 X 1

Two investments generated the following annual returns:
Investment X Investment Y
20X013%17%
20X11916
20X23411
20X32321
20X41216
What is the average annual return on each investment? Round your answers to one decimal place.
The average annual rate of return on X:
%
The average annual rate of return on Y:
%
What is the standard deviation of the return on investments X and Y? Round your answers to two decimal places.
Standard deviation of X:
Standard deviation of Y:
Based on the standard deviation, which investment was riskier?
-Select-
was riskier.

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

QlikView For Finance

Authors: B. Diane Blackwood

1st Edition

1784395749, 978-1784395742

More Books

Students also viewed these Finance questions