Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You find a certain stock that hadreturns of 1 5 percent, - 1 7 percent, 2 3 percent, and 1 1 percent for four of

You find a certain stock that hadreturns of 15 percent, -17 percent, 23 percent, and 11 percent for four of the last five years. If the average return of the stock over this period was 10 percent, what was the stock's return for the missing year? What is the standard deviation of the stock's returns?

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

International Financial Management

Authors: Jeff Madura, Roland Fox

4th Edition

147372550X, 9781473725508

More Books

Students also viewed these Finance questions

Question

describe antecedents and consequences of quantitative job demands;

Answered: 1 week ago

Question

1. What is the difference between exempt and nonexempt jobs?pg 87

Answered: 1 week ago