Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You find a certain stock that had returns of 1 3 percent, - 2 0 percent, 2 1 percent, and 1 2 percent for four
You find a certain stock that had returns of percent, percent, percent, and percent for four of the last five years. The average return of the stock over this period was percent.
a What was the stock's return for the missing year? Do not round intermediate calculations and enter your answer as a percent rounded to decimal place, eg
b What is the standard deviation of the stock's returns? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
tablea Missing return,
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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