Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You find a certain stock that had returns of 15 percent, 22 percent, 23 percent, and 10 percent for four of the last five years.

You find a certain stock that had returns of 15 percent, 22 percent, 23 percent, and 10 percent for four of the last five years. The average return of the stock over this period was 9.5 percent.

What was the stocks return for the missing year?

Stocks return %

What is the standard deviation of the stocks returns?

Standard deviation %

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_2

Step: 3

blur-text-image_3

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

Handbook Of Heavy Tailed Distributions In Finance

Authors: S.T Rachev

1st Edition

0444508961, 9780444508966

More Books

Students also viewed these Finance questions