Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You ve observed the following returns on Bennington Corporation s stock over the past five years: 1 2 percent, 1 2 percent, 1 9 percent,

Youve observed the following returns on Bennington Corporations stock over the past five years: 12 percent, 12 percent, 19 percent, 24 percent, and 10 percent.
What was the variance of the company's stock returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g.,.32161.)

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

De Gruyter Handbook Of Personal Finance

Authors: Grable, John E., Chatterjee, Swarn

1st Edition

ISBN: 3110727498, 978-3110727494

More Books

Students also viewed these Finance questions

Question

=+c. Australian tourists planning a trip to the United States

Answered: 1 week ago

Question

Brief the importance of span of control and its concepts.

Answered: 1 week ago

Question

What is meant by decentralisation?

Answered: 1 week ago

Question

What magazine and ads did you choose to examine?

Answered: 1 week ago