Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You ve observed the following returns on Crash - n - Burn Computer s stock over the past five years: 4 percent, 1 5 percent,

Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, 15 percent, 28 percent, 18 percent, and 14 percent.
What was the arithmetic average return on the company's stock over this five-year period?
What was the variance of the company's returns over this period?
What was the standard deviation of the companys returns over this period?

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

The Geography Of Finance

Authors: Gordon L. Clark, Darius Wójcik

1st Edition

0199213364, 978-0199213368

More Books

Students also viewed these Finance questions