Question
You find a certain stock that had returns of 14 percent, -27 percent, 19 percent, and 21 percent for four of the last five years,
You find a certain stock that had returns of 14 percent, -27 percent, 19 percent, and 21 percent for four of the last five years, respectively. What is the average return of the stock over this period? What is the standard deviation of the stock's returns? (Show your work and do not use excel).
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College Accounting A Practical Approach 1-15
Authors: Jeffrey Slater
4th Edition
013142050X, 978-0131420502
