Question
you observed the following returns on company a's stock over the past five years: 12%,23%,18%,7% and 13%. A. What was the average return on the
you observed the following returns on company a's stock over the past five years: 12%,23%,18%,7% and 13%.
A. What was the average return on the stock over this five year period?
B. What was the standard deviation of the returns this period?
C. What range of returns would you expect to see 68% of the time for this stock?
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
