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You find a certain stock that had returns of 16 percent, 23 percent, 24 percent, and 9 percent for four of the last five years.
You find a certain stock that had returns of 16 percent, 23 percent, 24 percent, and 9 percent for four of the last five years. The average return of the stock over this period was 10.2 percent. |
a. | What was the stocks return for the missing year? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) |
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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