Question
Use the spreadsheet to calculate the average return and standard deviation for Boeing and Bank of America. According to your calculations, which of these stocks
Use the spreadsheet to calculate the average return and standard deviation for Boeing and Bank of America. According to your calculations, which of these stocks is riskier? Which has the higher return?
| Year | Boeing | Bank of America |
| 1991 | 9.7 | 114.2 |
| 1992 | -11.8 | 50.5 |
| 1993 | 13.7 | 9 |
| 1994 | 13.8 | 7.1 |
| 1995 | 72.7 | 88 |
| 1996 | 39.4 | 53.2 |
| 1997 | -6.6 | 32.1 |
| 1998 | -32.5 | 3.6 |
| 1999 | 28.7 | -11.7 |
| 2000 | 61.2 | 1.6 |
| 2001 | -40.4 | 45.6 |
| 2002 | -13.4 | 18.9 |
| 2003 | 30.4 | 24.6 |
| 2004 | 24.9 | 25.3 |
| 2005 | 37.9 | 3.4 |
| 2006 | 28.4 | 20.7 |
| 2007 | -0.1 | -20 |
| 2008 | -50.1 | -63.4 |
| 2009 | 31.8 | 9.9 |
| 2010 | 23.6 | -11.2 |
| 2011 | 15.2 | -58.1 |
| 2012 | 5.2 | 109.6 |
| 2013 | 84.7 | 34.6 |
| 2014 | -2.6 | 15.5 |
| 2015 | 14.1 | -4.8 |
| 2016 | 12.2 | 39.7 |
| 2017 | 94.7 | 29.9 |
| Average | ||
| Standard Deviation |
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
