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You find a certain stock that had returns of 16 percent, 9 percent, 23 percent, and 24 percent for four of the last five years.
You find a certain stock that had returns of 16 percent, 9 percent, 23 percent, and 24 percent for four of the last five years. The average return of the stock over this period was 14.4 percent.
Required:
a) 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.) |
b) 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.) |
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