Question
You find a certain stock that had returns of 13 percent, 20 percent, 21 percent, and 12 percent for four of the last five years.
You find a certain stock that had returns of 13 percent, 20 percent, 21 percent, and 12 percent for four of the last five years. The average return of the stock over this period was 9.3 percent. What was the stocks return for the missing year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) Stocks return 20.50 % What is the standard deviation of the stocks returns? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Standard deviation % The stock is 20.50 but I got 15.11 for standard deviation is wrong not 15.11
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