Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You find a certain stock that had returns of 15 percent, 22.5 percent, 28.5 percent, and 19.5 percent for four of the last five years.

You find a certain stock that had returns of 15 percent, 22.5 percent, 28.5 percent, and 19.5 percent for four of the last five years. Assume the average return of the stock over this period was 13 percent. What was the stocks return for the missing year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Stock's return %

What is the standard deviation of the stocks returns? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 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

Step: 3

blur-text-image

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

The Entrepreneur's Growth Startup Handbook 7 Secrets To Venture Funding And Successful Growth

Authors: David N. Feldman

1st Edition

1118445651, 978-1118445655

More Books

Students also viewed these Finance questions