Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You find a certain stock that had returns of 9.7%, 16.7%, 21.7%, and 17.7% for four of the last five years. The average return of

You find a certain stock that had returns of 9.7%, 16.7%, 21.7%, and 17.7% for four of the last five years. The average return of the stock over this period was 11.0%. Assume the face value of the bond is $1,000.

What was the stocks return for the missing year? (Round the final answer to 1 decimal place.)

Stocks return %

What is the standard deviation of the stocks return? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Standard deviation %

image text in transcribed

You find a certain stock that had returns of 9.7%, -16.7%, 21.7%, and 17.7% for four of the last five years. The average return of the stock over this period was 11.0%. Assume the face value of the bond is $1,000. What was the stocks return for the missing year? (Round the final answer to 1 decimal place.) Stock's return % What is the standard deviation of the stock's return? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) 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

New Issues In Financial Institutions Management

Authors: F Fiordelisi, P Molyneux, D Previati

2010th Edition

0230278108, 978-0230278103

More Books

Students also viewed these Finance questions