Question
You find a certain stock that had returns of 11 percent, 15 percent, 32 percent, and 8 percent for four of the last five years.
You find a certain stock that had returns of 11 percent, 15 percent, 32 percent, and 8 percent for four of the last five years. If the average return of the stock over this period was 10 percent, what was the stock's return for the missing year? What is the standard deviation of the stock's returns?
You find a certain stock that had returns of 11 percent, 15 percent, 32 percent, and 8 percent for four of the last five years. If the average return of the stock over this period was 10 percent, what was the stock's return for the missing year? What is the standard deviation of the stock's returns?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
