Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what is the varience? please help You've observed the following returns on Doyscher Corporation's stock over the past five years: -28.5 percent, 16.0 percent, 35.0

what is the varience? please help image text in transcribed
You've observed the following returns on Doyscher Corporation's stock over the past five years: -28.5 percent, 16.0 percent, 35.0 percent, 3.5 percent, and 22.5 percent. Requirement 1: What was the arithmetic average return on the stock over this five-year period? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Arithmetic average return 9.7 % Requirement 2: (a)What was the variance of the returns over this period? (Do not round intermediate calculations. Round your answer to 6 decimal places (e.g., 32.161616).) Variance 468.26

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 Markets And Institutions

Authors: Anthony Saunders, Marcia Cornett

8th Edition

1264098723, 978-1264098729

More Books

Students also viewed these Finance questions